Download PPT - WIPO

The National Export-Import
Bank of Jamaica
TAKING
INTELLECTUAL PROPERTY
TO THE BANK
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TAKING INTELLECTUAL
PROPERTY TO THE BANK
THE EXIM BANK OF
JAMAICA’S
EXPERIENCE
Miss Megan Deane
Deputy Managing Director
National Export-Import Bank of Jamaica
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WHERE IN THE WORLD??
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JAMAICA
 English-speaking
 2.8
million inhabitants (2008)
 Service economy ore than 60%
of GDP
 GDP (2008 est.) - US$21.57 billion
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CREATIVE
INDUSTRIES
MUSIC
FILM
PUBLISHING
SPORTS
FINE
ART
DESIGN
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BOB MARLEY
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BEENIE MAN
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USAIN BOLT
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BOBSLED TEAM
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JIMMY CLIFF
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BRAND JAMAICA

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JAMAICA’S FX EARNING
POTENTIAL - MUSIC
US$’S
GLOBAL
JAMAICA’S
1,200.00M
350.00M
LIVE SHOWS
50.00M
FOREIGN TOURS
50.00M
Source: www.sunheraldja.com
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COMMERCIAL BANKS –
BANKING ACT
INTERNATIONAL
 The Bank of Nova Scotia Jamaica Limited
 FirstCaribbean Bank International (Jamaica)
 RBTT Bank Jamaica Limited
 Citibank, N.A.
LOCAL
 National Commercial Bank Jamaica Limited
 First Global Bank Limited
 PanCaribbeanBank Limited
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MERCHANT BANKS –
FIN. INSTITUTIONS ACT
LOCALLY OWNED
 Capital
& Credit Merchant Bank
Limited
 Scotia DBG Merchant Bank
Limited
 MF&G Trust & Finance Limited
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JAMAICA INTELLECTUAL
PROPERTY OFFICE
Member of WIPO
 Administers Intellectual Property
Systems
 Adheres to Multilateral and Bilateral
Treaties
 Overarching objective:- To contribute to
national economic growth and development
through the proper protection, administration
and enforcement of Intellectual Property Rights
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(IPRs).

NATIONAL EXPORT IMPORT
BANK OF JAMAICA
Wholly owned Government Institution
 Economic Development Agency
 Trade Credit Financier
 Trade Credit Insurer (Member of the
Berne Union)
 Works with Approved Financial
Intermediaries
 2010 Vision includes, Increasing our
tolerance for Credit Risk

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CHALLENGES OF FUNDING
USING IPR’S AS COLLATERAL
SECURITY

NO INTERNATIONAL OR LOCAL POINTS OF
REFERENCE

APPROPRIATE VALUATION METHODOLOGY

BALANCE SHEET IMPLICATIONS

APPROPRIATE SECURITY DOCUMENTATION

UNSECURED LENDING CLASSIFICATION
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EXIM BANK’S
OBJECTIVES
A
POSITIVE ECONOMIC
MULTIPLIER
 ‘UNLOCKING’ VALUE
 VALUE ADDED
 HELPING THE CREATIVE
INDUSTRIES TO
“TAKE IT TO THE BANK!”
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THANK YOU!
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