Attacks on courier vehicles hurting financial institutions - JBA

 

The Jamaica Bankers' Association (JBA) says Jamaica's financial institutions are being significantly affected by the attacks on the courier trucks by hoodlums.

 

JBA President Septimus Blake told Radio Jamaica News that customers are being inconvenienced due to the constant delays by Beryllium to properly service the banking machines because of the threat levels.

 

Beryllium resumed cash deliveries to Automated Banking Machines (ABMs) across the island on Monday morning following the withdrawal of service on the weekend.

 

Cash shipments were suspended following an attack on a Beryllium truck in Albion, St. Thomas on Saturday – the fourth such attack by gunmen since February.

 

"When these incidents occur, they do impact the service levels that we provide to our customers and so...it's a matter of concern," Mr. Blake admitted. 

 

He said the JBA has been in talks with the police and other stakeholders in a bid to discourage attacks on ABMs and armoured courier vehicles. 

 

"We continue to do risk assessment and we continue to discuss matters from a national perspective and also our own internal risk assessments as well as an industry on what are some of the solutions that we may put in place.... There's no one solution which is going to solve this. And so, we have to look at various ways in terms of mitigating the risk, so that is under continuous assessment," he told Radio Jamaica News.