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Caye International Bank
Business & Economy
CIB’s President Luigi Wewege discusses why Europeans are showing interest in Belize
In a recent article published in the Times of Malta, Belize is described as a small English-speaking nation on the Caribbean coast of Central America, popular not only for tourism but also for migration and offshore banking. Luigi Wewege, President of Caye International Bank (CIB), based in San Pedro Town, Ambergris Caye, outlined why Europeans are increasingly drawn to the country for its climate, security, and financial opportunities.
Business & Economy
Caye International Bank and President Luigi Wewege Honored at 2025 Global Excellence Awards
Caye International Bank (CIB) and its president, Luigi Wewege, have once again been recognized on the international stage, earning top honors at the 2025 Global Excellence Awards presented by Acquisition International magazine. CIB was named Offshore Bank of the Year 2025 for Central America, while Wewege received the title of Offshore Bank President of the Year 2025 for Central America. The awards highlight both the institution’s and its leader’s commitment to excellence, innovation, and client service in the offshore banking sector.
Business & Economy
Prestige Awards recognizes Caye International Bank and President Luigi Wewege
The dedicated team at Caye International Bank (CIB) celebrates being recognized by the Central America Prestige Awards 2024/2025 as the Offshore Bank of the Year. The bank's President, Luigi Wewege, was also awarded Offshore Bank Executive of the Year.
Community and Society
The Living World Church gives back to the community through its annual Christmas Toy Giveaway
On the evening of Monday, December 23rd, the Living Word Church hosted its highly anticipated annual Christmas Toy Giveaway at the San Pedro High School Auditorium in Belize. As families gathered, the atmosphere was filled with excitement and joy, embodying the season's spirit. The event aimed to spread holiday cheer by providing toys to local children, fostering a sense of community and support during this festive time.
Business & Economy
San Pedro’s Gladys Urbina elected new president of the Belize Financial Industry Association
Gladys Urbina was elected President of the Belize Financial Industry Association (BFIA) during its annual general meeting on December 11, 2024. This transition signifies a notable change from its previous name, the Belize International Financial Services Association (BIFSA), reflecting a broader focus on the financial sector in Belize.
Business & Economy
Belize actively seeking investments to support economic growth
During the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington, D.C., this October, Belize's delegation was led by the Honorable Christopher Coye, Minister of State in the Ministry of Finance. The Belizean delegation is anticipating closing a loan with the World Bank to finance renewable energy projects. This initiative is part of a broader plan to attract new investments to Belize and take advantage of trends such as nearshoring. International financial institutions in Belize, like Caye International Bank (CIB), believe the country has the potential to become a trade finance hub due to its strategic location in Central America.
Business & Economy
Caye International Bank recognized with the AI 2024 Global Excellence Award
Based in Ambergris Caye, Caye International Bank (CIB) has been honored with the AI 2024 Global Excellence Award and named Offshore Bank of the Year for Central America. Acquisition International magazine, an online platform providing global financial news, announced this. CIB’s President, Luigi Wewege, also received recognition as Offshore Bank President of the Year.
Education
San Pedro High School holds graduation ceremony for senior students
San Pedro High School (SPHS) celebrated a momentous occasion in the lives of its senior students with the annual graduation ceremony, a significant milestone, held on Saturday, June 8th, at the Angel Nuñez Auditorium. One hundred thirteen students received their high school diplomas and various certificates of recognition for their hard work and dedication. The impactful speeches from the school's management and special guests further elevated the ceremony.
