Belize Bank Invests in Digital Transformation Excellence

Members of the Belize Bank team successfully completed the DigiLab Finance Program – Cohort 2, organized by the IFC and supported by the Caribbean Development Bank, held from October 8 to December 11, 2025. Representatives from five key financial institutions across the region participated in both in-person and virtual sessions throughout the program.

The program delivered a comprehensive 10-module journey exploring key pillars of digital transformation, including:

1. Strategy & Digital North Star
2. Design Thinking & Agile
3. Culture Change & Digital Operating Models
4. IT Architecture & Data Governance
5. Business Efficiency, Risk Management & Innovation

The Digital House framework underscored the importance of defining a clear digital vision, designing around customer needs, building internal readiness, leveraging modern technologies, and innovating for long-term sustainability.

Key forces shaping digital transformation across financial services were also highlighted:

1. Social: rising customer expectations, increasing customer empowerment, and the acceleration caused by COVID-19.
2. Technological: the ubiquity of smart, connected devices and exponential growth in computing power and data.
3. Economic: rapid product iteration cycles, intensified competition, and rising customer choice and expectations.

Belize Bank’s participation reflects the institution’s ongoing commitment to continuous learning, innovation, and strengthening digital capabilities across the Caribbean financial ecosystem.