1 Atlantic Bank
2 Belize Bank
3 Central Bank of Belize
4 FirstCaribbean International Bank Ltd.
5 Holy Redeemer Credit Union
6 Scotiabank Belize
Trading
List of Commercial Banks in Belize
Published by Gbaf News
Posted on April 19, 2013
1 min read· Last updated: November 22, 2018
Key Takeaways
- Belize’s commercial banking sector includes both commercial banks and a major credit union.
- Belize Bank is the largest commercial bank, especially after acquiring Scotiabank Belize in 2022.
- The Central Bank of Belize oversees regulation and issues the Belize dollar.
- Holy Redeemer Credit Union is a prominent member-owned institution with strong community roots.
References
Frequently Asked Questions
What is the largest commercial bank in Belize?
Belize Bank Limited is the largest commercial bank in Belize, especially after acquiring Scotiabank Belize in 2022, giving it a ~44% market share.
Who regulates commercial banks in Belize?
The Central Bank of Belize regulates and supervises domestic commercial banks and issues the national currency.
Is Holy Redeemer Credit Union considered a bank?
No; Holy Redeemer is a credit union—member‑owned and not a bank—but is a major financial institution offering services similar to banks.
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