Belize Bank
Project Financing
International development agencies such as the World Bank, the Inter-American Development Bank, the Caribbean Development Bank, and the British Department for International Development provide funds for development projects in Belize. These projects have generally been aimed at alleviating poverty and improving public health, education and roads. OPIC and the Export-Import Bank of the United States offer limited financing for American business ventures in Belize and U.S. equipment sales. ... [Read More]
U.S. and Belize Contacts
Export-Import Bank ... [Read More]
Belize (08/04)
Trade: Exports (2002)--$294.5 million: cane sugar, clothing, citrus concentrate, lobster, fish, banana, and farmed shrimp. Major markets--U.S. (54.5%), U.K., CARICOM. Imports (2002)--$526.8 million: food, consumer goods, building materials, vehicles, machinery, petroleum products. Major suppliers--U.S. (60%), Mexico, U.K. Official exchange rate: Since 1976 Belizean banks have bought U.S. dollars at the rate of 2.0175 and sold them at 1.9825, making for an effective fixed rate of Belize $2=U.S. $1. ... [Read More]
Investment Climate
Belize's financial system is small but sound. It is limited to five commercial banks, a parastatal lending institution (the Development Finance Corporation), and several credit unions nationwide. The Central Bank of Belize regulates the liquidity and cash reserve requirements as well as the interest rate structure of the commercial banks. Interest rates in Belize are relatively high. Current prime lending rates of local banks are high, ranging from 13 percent for mortgage loans to 17 percent for personal loans. The weighted average in 2001 was 15.4 percent. The GOB has encouraged the formation of a local capital market. A counter at the Central Bank has been established to trade Belize treasury bills and notes. In general, foreign investors are welcome to invest in these business opportunities. ... [Read More]
Non-Immigrant Visas
1111 All Nonimmigrant Visa Applicants must appear in person Monday through 1111 Thursday between the hours of 8:00 and 10:00 a.m. At that time, 1111 applicants must present their application forms, 1111 two 2 inch by 2 inch photos, the fee receipt from Atlantic Bank, 1111 a photocopy of the page in their passport with their picture and name on it, 1111 and their valid passport. Each applicant will then be given 1111 a ticket detailing his or her appointment date. ... [Read More]
Consular Home
1111 All Nonimmigrant Visa Applicants must appear in person Monday through 1111 Thursday between the hours of 8:00 and 10:00 a.m. At that time, 1111 applicants must present their application forms, 1111 two 2 inch by 2 inch photos, the fee receipt from Atlantic Bank, 1111 and their valid passport. Each applicant will then be given 1111 a ticket detailing his or her appointment date. ... [Read More]
Press Releases 1999
February 25, 1999: U.S. Non-immigrant Visa Fees Now to be Paid at Atlantic Bank ... [Read More]
Belize
SPECIAL CIRCUMSTANCES: It is not possible to access most U.S. bank accounts through automated teller machines (ATMs) in Belize. However, travelers can usually obtain cash advances from local banks, Monday through Friday, using major international credit cards. ... [Read More]
US Department Of State Post Report
The Belize dollar (Bz$) rate of exchange has remained steady for over 20 years at Bz$2=US$1. U.S. dollars are accepted everywhere. The Embassy provides accommodation exchange facilities. Embassy personnel maintain bank accounts at one of the four banks operating here (Atlantic Bank, Belize Bank, Barclay’s Bank and Scotiabank). Personnel with diplomatic credentials and a letter of request from the Embassy are also allowed an exemption from stamp duties and government banking taxes at all local banks. ... [Read More]
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