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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]
Belize Bank (BB) is the first, oldest continuing, and largest bank in Belize. As of 2018, it had over BZ$880 million in assets and BZ$147 million of capital reserves. Its network of 11 branches covers the entire country. The Belize Bank Limited has a 44% market share in loans and 38% market share in deposits.
Preceded by. Board of Commissioners of Currency (1894–1976), Belize Monetary Authority (1976–1981) Website. www.centralbank.org.bz. The Central Bank of Belize is the central bank of Belize, established in 1982. In 2021 Gustavo Manuel Vasquez was chosen to serve as Governor, replacing A. Joy Grant, who had served in the role since 2016. [2][3]
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Visitors to Belize require a visa unless they are citizens of one of the visa-exempt countries. All visitors are required to have sufficient funds, 75 USD per day and documents required for their next destination.
The other three banks are Heritage Bank, Atlantic Bank, and Scotiabank (Belize). A robust complex of credit unions began in the 1940s under the leadership of Marion M. Ganey , S.J. [ 102 ] Because of its location on the coast of Central America, Belize is a popular destination for vacationers and for many North American drug traffickers.
Visa Inc. (/ ˈviːzə, ˈviːsə /) is an American multinational payment card services corporation headquartered in San Francisco, California. [1][4] It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. [5]
N. National Bank of Belize. Categories: Financial services companies of Belize. Banks by country. Banks of Central America. Banks of North America by country. Hidden category: Commons category link is on Wikidata.