Caye International Bank

Pan Finance Magazine named Caye International Bank (CIB) the Best Offshore Bank in CARICOM 2024, and its Chairman, Ambassador Joel M. Nagel, was recognized with a Lifetime Achievement Award. The recognition occurred on March 27th in London, England, where other institutions were also awarded for their excellent services.

On Wednesday, January 10, the San Pedro High School (SPHS) returned to normalcy after months of operating on a shift system because of much-needed maintenance in certain areas of their main building.

Hundreds of island children accompanied by their parents received Christmas presents courtesy of the Living Word Church (LWC). The anticipated event occurred at the Angel Nuñez Auditorium, where every child walked out smiling with new toys and was treated to fresh snacks and refreshments.

Driven to continue helping island residents and children, San Pedro’s Caye International Bank’s (CIB) Chairman Joel Nagel presented the Living Word Church (LWC) with a check for $77,316 to assist with its annual toy drive. Every year, LWC holds a toy drive to provide families and children on the island with Christmas presents and groceries (food baskets) for the holiday season.

While the school year 2023 ends at the San Pedro High School (SPHS), much-needed repairs continue in parts of its main building. Over the past months, emergency repairs have occurred in its staff room, conference room, computer laboratory, and sports room. On Wednesday, December 20th, the school management shared that work has been completed in its Information Technology (IT) laboratory and sports room, while work continues in the other sections mentioned. According to SPHS management, if the reconstruction works continue uninterrupted, class schedules at the school are expected to return to normalcy when classes resume on January 8, 2024.

As the much-needed repairs continue at the San Pedro High School (SPHS), more financial assistance is needed to bring the only secondary school on the island back to normalcy. The community’s response has been positive, trying to help in any way they can, and one of those residents advocating and raising funds is Miss San Pedro 2023-2024 Mariel Calderon. The island’s beauty ambassador hosted a wine-tasting event in collaboration with The Fine Taste, raising $2,500 and benefiting the SPHS.

The San Pedro community and other generous donors came together on Friday, October 27th, to support a fundraiser for the reconstruction of parts of the main building of the San Pedro High School (SPHS). The school administration stated they need $350,000 to complete all necessary repairs in their main building. A telethon held throughout Friday saw donations toward this worthy cause from individuals and stakeholders. One of those stakeholders was Caye International Bank (CIB), who not only made a monetary donation but has created a GoFundMe page to raise funds on behalf of SPHS at https://gofund.me/bbc1c852. At the end of the day, a total of $210,346 was raised in the telethon, a satisfactory amount that will aid in the ongoing works at the school.

The only international bank headquartered in San Pedro, Ambergris Caye, Caye International Bank (CIB) celebrated its 20th anniversary on Friday, September 29th, with a cocktail reception commemorating the bank’s two decades of unparalleled service, commitment, and growth in Belize.