The Central Bank of Belize has completed a week-long training programme for Belize’s credit unions aimed at strengthening governance frameworks, enhancing institutional resilience, and supporting the sector’s long-term sustainability. The initiative forms part of the Central Bank’s broader efforts to modernize the legislative and supervisory framework governing credit unions. The programme ran from 20 to 27 March 2026 and was facilitated by Dave Grace, Executive Director of the International Credit Union Regulators’ Network. It brought together board and committee members, senior management, and key staff from all credit unions in Belize and covered strategic and business planning, financial performance and capital management, risk management practices, internal controls, and cybersecurity. Governor Kareem Michael, acting as Registrar of Credit Unions, linked the training to commitments made during industry consultations on the draft Credit Unions Bill to complement regulatory reform with institutional capacity development.
Central Bank of Belize 2026-03-30
Central Bank of Belize concludes week-long governance training for the credit union sector
The Central Bank of Belize has completed a week-long training programme for Belizean credit unions to strengthen governance, institutional resilience, and long-term sustainability. The initiative, facilitated by the International Credit Union Regulators’ Network, covered strategic planning, financial performance and capital management, risk management, internal controls, and cybersecurity, and is linked to the draft Credit Unions Bill as part of broader legislative and supervisory modernization efforts.