Tag:
Caye International Bank
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.
Business & Economy
Caye International Bank, and Chairman Joel Nagel receive Best Offshore Bank and Lifetime Achievement Awards
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.
Education
SPHS returns to normalcy after undergoing emergency repairs
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.
Community and Society
Living Word Church hosts another successful Christmas toy outreach
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.
Religious
Living Word Church’s annual Christmas Toy Drive receives donation from Caye International Bank
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.
Community and Society
Repairs at SPHS continue; regular class schedule to return in January 2024
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.
