Grace Kennedy eyes mobile $$ services, bank

Don Wehby (right) in discussion with Finance Minister Ashni Singh

The Grace Kennedy Group is looking to further expand into Guyana’s financial services sector with plans to establish mobile money services, a small business loan agency, a bank and insurance services.

“We have our own commercial bank and insurance company and of course  remittance in Jamaica …we would like now to expand our banking and investment to Guyana… we would also want to introduce new investment products; mutual funds, unitrust and that sort of thing,” the company’s Chief Executive Officer, Don Webhy told Stabroek News in an interview on Saturday.

The company held a ceremony at the Pegasus Hotel to mark their 20th Anniversary here and officials from the Jamaica head office announced plans for expansion in Guyana.

Coupled with its Western Union remittance service, the officials said that they also want to offer mobile money services