Caribbean Information and Credit Rating Services (CariCRIS) has reaffirmed the credit ratings assigned to VM Investments Limited (VMIL) and its subsidiary, maintaining the entity’s previous investment-grade status and projecting a stable outlook.

The ratings are CariBBB (regional scale local currency), jmBBB+ (Jamaica national scale foreign currency) and jmA- (Jamaica national scale local currency).

CariCRIS noted that the stable outlook is supported by the expectation that VMIL will remain profitable and adequately capitalised over the short to medium term, while advancing key strategic priorities, including product innovation, digital transformation, and strategic acquisitions to expand its private equity portfolio.

In its latest report, CariCRIS outlined several factors that could lead to an improvement in VMIL’s ratings and/or outlook in the future, including expansion of the group’s product and service offerings and/or improvements in net interest spreads resulting in a sustained return on earning assets (ROEA) of 4% or more for two consecutive years.

VM Investments CEO Rezworth Burchenson welcomed the reaffirmation, noting that it underscores confidence in the company’s strategic direction and financial stewardship.

“We are proud that CariCRIS has once again recognised VMIL’s strong performance and our ongoing commitment to building a resilient, growth-oriented investment business. As we continue to expand our product suite, enhance our digital capabilities, and deliver value to our clients and shareholders, we remain focused on strengthening our performance,” he said.

VMIL’s reaffirmed ratings reflect the company’s disciplined execution of its strategic priorities, its strong capital position, and its commitment to sustainable growth—all of which, the company argues, continue to reinforce its role as a leading investment partner in Jamaica and across the Caribbean.