Belize Bank

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Belize Bank
Type Public company
Industry Financial services
Headquarters Belize
Total assets BZ$825 million in assets (2007)
Website Belize Bank

Belize Bank (BB) is the first, oldest continuing, and largest bank in Belize. It has over BZ$825 million in assets (2007) and BZ$182 million of capital reserves (2007). Its network of 13 branches covers the entire country. BB has a 44% market share in loans and 38% market share in deposits. It maintains an international banking subsidiary in the Turks and Caicos Islands.

History[edit]

American investors from Mobile, Alabama, incorporated the Bank of British Honduras in 1902, and it commenced operations in 1903. In 1912 Royal Bank of Canada (RBC) bought the bank and proceeded to operate it as a branch.

In 1987, RBC sold the bank to an investment group headed by Lord Ashcroft as Belize Holdings, Inc., then Carlisle Holdings, then Belize Bank Holdings; the new owners renamed the bank, "Belize Bank".

In 2000, Belize Bank established Belize Bank (Turks and Caicos) - "Belize Bank (TCI)." As a result of expanding Caribbean business, in February 2009, Belize Bank Ltd, changed its name to British Caribbean Bank Ltd.[1]

The Board[edit]

  • Michael Ashcroft, Baron Ashcroft, executive chairman (Belizean/British)
  • Dr Euric Bobb, non-executive director, (Trinidadian)
  • Peter Gaze, chief financial officer (British)
  • Lyndon Guiseppi, chief executive officer (Trinidadian)
  • Philip Johnson, deputy chairman (Belizean)
  • Wendell Mottley non-executive director (Trinidadian)
  • Philip Osborne, director and company secretary (British)
  • Cheryl Jones, non-executive director (American)
  • John Searle, non-executive director (Belizean)

References[edit]

  1. ^ "BCB Holdings". Trinidad & Tobego Telegraph. 2009-11-05. Retrieved 2009-12-18. 

External links[edit]