Expat Community > Belize

bobbyveee
Joined 2013
Posts: 3138

Belizian banks

8 years ago

The PM and his delegation went to NY to sort out Belize's banking problems, basically, US banks not wanting to deal with them' derisking. Sounds like the talked to the wrong people, all the US officials said , was , we've no problems with Belizian banks, never told American banks not to deal with them, and thevPM thinks he's fixed it , as the officials have said we will tell our banks your banks are OK. LOL , blew smoke up their carriers and they neverbfeltva thing. The problem is still the same . if a US bank doesn't want to take the risk for such a small amount of biz, no ones going to force them. Belize has just gotta hope a few small banks might take the risk, but would you risk doing a few millions in biz and risk 10 of millions in fines !!!! I think the Caricom banks have to unite and go as one together, or separately , watch their countries go broke.
I truly and most humbly don't think Belizian politicians have a clue, they can't see the big picture. Can only think of what goes in their pockets.

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