Banking and Non-Banking Supervision Strengthening. Central Bank of Belize operates in Belize.
The Central Bank of Belize has received funding from the Inter-American Development Bank for a technical cooperation project for Bank and Non-Bank Supervision. The overall project is aimed at improving the safety and soundness of the financial system of Belize, thus supporting the government efforts to promote macro-economic stability and private sector led economic growth, as well as to facilitate access to credit without jeopardizing deposits by the public. The project attempts to do so through the implementation of three key components including: (a) review of the financial legislation and regulatory framework and updating of specific prudential norms (Component I); (b) capacity building for bank and non-bank supervision (Component II); and (c) upgrade of the management information systems (Component III).
