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A service for banking industry professionals · Saturday, November 30, 2024 · 764,963,329 Articles · 3+ Million Readers
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Belize Banking Industry Newswire

  • Published on Nov 29, 2024

    Central Bank Declares 20 Credit Unions Defunct, Plans to Strengthen Financial Sector

    Twenty credit unions have been declared as defunct by the Central Bank of Belize.  It is a move that will bring some advantages to the existing credit unions.  At yesterday’s press briefing, Central Bank Governor, Kareem Michael said that strengthening …

    Source: Love FM - Neutral
  • Published on Nov 29, 2024

    Do All Those Online Reservations Ever Make It Back Into Belize Banks?

    If we hear any more about what a strong and unfaltering foreign exchange earner tourism is - we'll have to add a verse about it to the national anthem. But, how much of that money from online booking for example- actually gets banked in Belize? The …

    Source: Channel 7 Belize - Neutral
  • Published on Nov 29, 2024

    Belize’s Foreign Exchange Holding on the Rise  

    Foreign exchange is vital for a small, open economy like Belize. Trading goods with other countries requires foreign currency, making Belize’s foreign exchange assets crucial. According to Central Bank Governor Kareem Michael, the country’s foreign …

    Source: Great Belize Television Channel 5 - Label Pending
  • Published on Nov 28, 2024

    Belize central bank reports $280.8m growth in money supply for first nine months

    The Central Bank of Belize says from January to September this year, the broad money supply in the country grew by $280.8 million dollars, driven by a substantial rise in the net foreign assets of the banking system, while net domestic credit declined. In …

    Source: Radio Jamaica - Neutral
  • Published on Nov 28, 2024

    Bank fees to be published on Central Bank website next year

    Views: 0 Posted: Thursday, November 28, 2024. 9:26 am CST. By Zoila Palma Gonzalez: Wondering which financial institution is the best to bank with? Whether its for residential mortgages, student loans, checking or savings accounts or efficient online …

    Source: Breaking Belize News - Neutral
  • Published on Nov 28, 2024

    New Belize bank note designs to be unveiled in New Year; Central Bank says ‘new notes, same value’

    Views: 0 Posted: Thursday, November 28, 2024. 11:30 am CST. By Zoila Palma Gonzalez: The new Belize money designs will be officially unveiled in January 2025 and the Central Bank is stressing that the new design is poised to celebrate Belizean heritage but …

    Source: Breaking Belize News - Neutral
  • Published on Nov 28, 2024

    Foreign currency restrictions eased by Central Bank

    Views: 0 Posted: Thursday, November 28, 2024. 9:29 am CST. By Zoila Palma Gonzalez: The Central Bank has announced updates to its foreign exchange regulations, beginning with a significant change to the annual foreign currency limit for travelers. Starting …

    Source: Breaking Belize News - Neutral
  • Published on Nov 29, 2024

    Belmopan Sees Highest Inflation as Belize’s Cost of Living Rises by 2.1%

    The cost of living was slightly up for October, according to the latest figures presented by the Statistical Institute of Belize, with Belmopan being hit the hardest. The SIB’s latest Consumer Price Index (CPI) showed that Belizeans paid an average of 2.1 …

    Source: Love FM - Neutral
  • Published on Nov 28, 2024

    Central Bank of Belize Moves Closer to Establishing Credit Score System for Financial Transparency

    The Central Bank of Belize (CBB) is moving closer to establishing a credit score system in Belize, which will keep detailed information on people’s financial history. In many countries, credit scores help money lenders to determine whether or not a …

    Source: Love FM - Neutral
  • Published on Nov 28, 2024

    Central Bank Governor Says Belize's Economic Performance Beats Region

    Turning now to news about the economy and banking - the governor of the Central Bank today held a press conference outlining major Central Bank initiatives. He used to hold them quarterly, but 2024 has been a tough year for the regulator - with a lot of …

    Source: Channel 7 Belize - Neutral
  • Published on Nov 28, 2024

    Belize’s Economy Declared Fully Recovered from Global Shocks, Says Central Bank Governor

    Belize’s Central Bank Governor has reported a fully recovered economy following multiple external shocks.  According to Governor Kareem Michael, the country has come out quite resilient when faced with the Covid-19 pandemic, climate change effects, and …

    Source: Love FM - Neutral
  • Published on Nov 28, 2024

    Central Bank Reports Slowing Inflation

    Perhaps one of the most interesting piece of information coming out of today’s prescon with the Central Bank is the announcement that inflation is beginning to slow. Love News, through the Statistical Institute of Belize (SIB), has been reporting on the …

    Source: Love FM - Neutral
  • Published on Nov 28, 2024

    Central Bank Confirms It is Investigating Caribi Bleu Casino

    Last night, we brought you part three of our deep dive into the operations at Caribi Bleu Casino in San Pedro. Tonight, we have breaking news: the Central Bank has confirmed they’re investigating the casino. As we’ve reported, the casino was caught running …

    Source: Great Belize Television Channel 5 - Label Pending
  • Published on Nov 27, 2024

    Belize Bank Unveils New Brand Icon and Advances Digital Banking

    As the oldest and largest bank in Belize, Belize Bank’s legacy celebrated a new shift last night with the launch of “Brand Icon Reveal” at the Belize Bank Business Centre on Albert Street, Belize City. Chairman & CEO of The Belize Bank Limited, Filippo …

    Source: Great Belize Television Channel 5 - Label Pending
  • Published on Nov 28, 2024

    Could Belizeans Soon Be Getting A Credit Score?

    And in another move towards transparency and consumer benefit, the Central Bank is spearheading a project to create a Credit Reporting System in Belize. The governor says consumers would be able to access their credit score - and that it is a move towards …

    Source: Channel 7 Belize - Neutral
  • Published on Nov 28, 2024

    Get Ready for Credit Score in Belize

    As part of its wave of changes, the Central Bank of Belize is gearing up to launch a credit reporting system. Central Bank Governor Kareem Michaels says this new system will open up access to finance, boost financial inclusion, and help maintain a stable …

    Source: Great Belize Television Channel 5 - Label Pending
  • Published on Nov 28, 2024

    Belize’s Real GDP Growth Rates Outperforms Global Growth Rate

    We begin our newscast this evening with welcome news from the financial sector. The Central Bank of Belize held a press conference earlier today to update the public on its operations and the nation’s economic standing. Governor Kareem Michael kicked …

    Source: Great Belize Television Channel 5 - Label Pending
  • Published on Nov 27, 2024

    Uncovering the Maze of Casino Regulations in Belize Amidst Caribi Bleu Controversy

    Over the past few weeks, News Five has uncovered several troubling issues surrounding Caribi Bleu Casino in San Pedro, including its owner’s alleged connection to an illegal gaming spot in Lady Lake, Florida, and the discovery of an unauthorised ATM that …

    Source: Great Belize Television Channel 5 - Label Pending
  • Published on Nov 28, 2024

    Ministry of Natural Resources maintains severe flood warning for Belize River Valley Communities

    Views: 0 Posted: Wednesday, November 27, 2024. 5:28 pm CST. Flooded area of Lord’s Banks in the Belize District on Wednesday, November 27, 2024 – Photo Credit: Sharmane Garcia By Rubén Morales Iglesias: Several areas around Belize are still flooded, though …

    Source: Breaking Belize News - Neutral

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