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Alliance Financial Services LTD IPO

The Selling Shareholders are pleased to invite you to share in the success and future growth of Alliance Financial Services Limited (AFSL), as it continues to fulfil its objective of providing convenient Remittance, Cambio and Card services to all Jamaicans. The vision of the Company’s founders at inception was to establish a business that would consistently offer superior and personalised financial services, while creating a long lasting and mutually beneficial relationship with its customers. Over the years, by committing to the core values of innovation, customer centricity and financial sustainability the Company has been living that vision, and its performance to date is testament to the business acumen and prudence of an experienced team of leaders and employees who are always striving to maintain the Company’s success.

AFSL’s performance is proven in the numbers. They continue to maintain this performance by remaining innovative, strategic and resilient during local and global economic challenges, year over year.

  • NPAT increased from $291.8M in FY2016 to $709.3M in FY2020, a Compound Annual Growth Rate (CAGR) of 24.86% between FY2016 – FY2020
  • Net profit margin has grown every year for the last 5 years from 24.3% FY2016 to 48.38% in FY2020
  • Return on Average Equity (ROAE) was 44.42% in FY2020

Offer Details

Offer Available January 2021

J$1.59 per share

Minimum of 5,000 shares

Alliance Financial Services Limited
At A Glance