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The Belize Bank Limited (BBL) is a full-service commercial bank in Belize, offering a comprehensive range of banking and financial services. As the country's first and oldest continuous banking institution, BBL upholds a longstanding tradition of service excellence.
Grace Bank, formerly Barcadares, is an unincorporated hamlet 33 miles up the Belize River. It was the second settlement founded by the first English settlers of present-day Belize . It was settled in the 1650s, relocated in 1760, and resettled in 1853.
The history of Belize dates back thousands of years. The Maya civilization spread into the area of Belize between 1500 BC to 1200 BC and flourished until about 1000 AD. Several Maya ruin sites, including Cahal Pech , Caracol , Lamanai , Lubaantun , Altun Ha , and Xunantunich reflect the advanced civilization and much denser population of that ...
The culture of Belize is a mix of influences and people from Kriol, Maya, East Indian, Garinagu (also known as Garifuna), Mestizo (a mixture of Spanish and Native Americans), Mennonites who are of German descent, with many other cultures from Chinese to Lebanese. It is a unique blend that emerged through the country's long and occasionally ...
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The Government of Belize established the bank in April 2013 to provide low-interest credit to teachers, public officers, and the poor. [2] With an initial capitalization of 20 million dollars, this state-owned bank opened its doors to the public on September 2, 2013. Within the first 10 months, the bank granted 12.1 million in mortgage loans. [3]
The Central Bank of Belize was established on January 1, 1982, by the Central Bank of Belize Act No. 15 (Chapter 262 of the Laws of Belize Revised Edition 2000). [4] The Central Bank is the natural successor to the Monetary Authority of Belize, established from 1976 to 1981, and the Board of Commissioners of Currency running from 1894. [5]
At first, many slaves maintained African ethnic identifications and cultural practices. Gradually, however, the process of assimilation was creating a new, synthetic Creole culture. [1] Whites, although a minority in the settlement, monopolized power and wealth by dominating the chief economic activities. trade and timber.