Posts tagged ‘development’

BCCI and BELTRAIDE Business Mixer


How A Small Country Transformed Itself- The Case of Ireland and The Role FDI played In That Transformation.”

The Belize Chamber of Commerce and Industry in collaboration with Belize Trade and Investment Development Services will be hosting  a Business Mixer, on Wednesday June 13, 2012 at 5:00p.m., in the MC Field Conference Centre, BCCI.

Come and listen to the highlight of the day, Mr. David O’ Donovan, the Director of Investment Promotion Agency Development, at Communiqué International, as he shares his ideas and expertise on Industrial Development.

Speeches will also be given by top ranking officials from within Belize Chamber of Commerce and Industry, and the Ministry of Trade, Investment, Private Sector Development and Consumer Protection.

Let’s be informed with ideas and techniques, vital to propel our country forward.

For more information contact us:

Belize Trade and Investment Development Service (BELTRAIDE)

14 Orchid Garden St., City of Belmopan, Cayo District, Belize

Tel: 501-822-3737

Fax: 501-822-0595

Email: beltraide@belizeinvest.org.bz

nilda@belizeinvest.org.bz

Web Address: www.belizeinvest.org.bz

BELTRAIDE TO BE THE CHANNEL FOR SUBMISSIONS OF APPLICATIONS FOR CARIBBEAN EXPORT DEVELOPMENT AGENCY’S (CEDA) NEW CALL FOR PROPOSALS FOR THE REGULAR PROCEDURES


PRESS RELEASE

IMPORTANT NOTICE

BELTRAIDE TO BE THE CHANNEL FOR SUBMISSIONS OF APPLICATIONS FOR CARIBBEAN EXPORT DEVELOPMENT AGENCY’S (CEDA) NEW CALL FOR PROPOSALS FOR THE REGULAR PROCEDURES

May 24, 2012 – The Belize Trade and Investment Development Service (BELTRAIDE) would like to announce to the general public that upon official request from the Caribbean Export Development Agency (CEDA), and subsequent to the cancellation of the 1st Call for Proposals for the Regular Procedures, BELTRAIDE will be the channel for the submission of applications for the new call for proposals, scheduled to be published on Monday, June 4th, 2012. The deadline for applications will be Friday, June 29th, 2012, and the documents must be remitted to the offices of Caribbean Export, on or before 2:30pm (BELIZE TIME)!

Applications must be submitted in two (2) hard copies to BELTRAIDE on or between the period June 4th, 2012 to June 29th, 2012, who will be forwarding the applications to CEDA to defray applicant’s expenses relating to courier service. Alternatively, applicants can mail directly to Caribbean Export if this is not the preferred method of submission.

Kindly visit CEDA’s website http://www.carib-export.com/website/ to obtain the application form and the guideline for application, visit our facebook page at www.facebook.com/beltraide to download, or simply email us so we can forward the application directly to you. The application and guideline will be available as of June 4th, 2012.

For more information, Contact us:

Belize Trade and Investment Development Service (BELTRAIDE)

14 Orchid Garden St., City of Belmopan, Cayo District, Belize

Tel: 501-822-3737

Fax: 501-822-0595

Email: beltraide@belizeinvest.org.bz

nilda@belizeinvest.org.bz

Web Address: www.belizeinvest.org.bz

—END—

FOR IMMEDIATE RELEASE, May 24th, 2012

ATLANTIC BANK FACILITATING INVESTMENT THROUGH FINANCING OPPORTUNITIES


(Story featured in The Reporter Newspaper)

Atlantic Bank in Belize City has announced that through financial collaboration with the IFC  and the Canadian International Development Agency, the bank will  have more than $15 million for onlending to small and medium development enterprises in Belize.

This new infusion of cash represents a 40 percent increase in A.B’s SME portfolio over the next five years.

Announcing the good news this week Atlantic’s General Manager in Belize, Mrs. Sandra Bedran said:“We welcome IFC as a partner in our effort to create a sustainable and prosperous business environment for our SMEs, and look forward to helping the country diversify and increase economic activity where it is most needed.”

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. IFC creates opportunity for people to escape poverty and improve their lives by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and through the delivery of advisory services to ensure sustainable development.

In a time of global economic uncertainty, IFC’s new investments climbed to a record $19 billion in fiscal 2011.

Atlantic Bank is Belize’s third largest bank in terms of assets and loans disbursed. The bank has 15 locations across the country and works with individuals, small businesses, and corporations, offering a wide range of banking products and services including credit cards, online banking, savings and deposits, payroll  and merchant services.

Atlantic Bank Ltd, established more than 40 years ago, is a 55-percent owned subsidiary of Sociedad Nacional de Inversiones, S.A. of Honduran.

Atlantic Bank has not indicated what rate structures it will put in place for its development loans.

It is anticipated it may have to compete with credit unions which now offer personalized loans at the rate of one percent a month on the remaining balance.

 

VISIT THE REPORTER NEWSPAPER OFFICIAL WEBSITE FOR MORE INFORMATION.
Follow

Get every new post delivered to your Inbox.

Join 226 other followers

%d bloggers like this: