CariCRIS reaffirms “high creditworthiness” ratings of The Belize Bank Limited

The Belize Bank Limited has announced that Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the Bank’s credit ratings at CariBBB- for both foreign and local currency on the regional scale, with a bzAA+ national-scale local currency rating. The ratings carry a stable outlook, reflecting expectations of continued profitability supported by loan growth, expanding digital banking channels, prudent risk management, and solid liquidity.

CariCRIS highlighted the Bank’s strong market position in Belize, robust governance and risk management framework, comfortable capitalization, and stable funding base. Ongoing digital investments were also noted as enhancing efficiency and customer experience.

Commenting on the reaffirmation, Belize Bank’s Chairman, Filippo Alario, described the rating as validation of the institution’s disciplined strategy focused on sustainable growth, sound governance, and long-term resilience. He also commended staff for their professionalism and thanked customers and stakeholders for their continued trust.

The Belize Bank Limited remains committed to delivering reliable, high-quality banking services while strengthening the resilience of Belize’s financial system.

A copy of the official CariCRIS Rating Release is available here.