It's official - First Caribbean International Bank is closing its doors in Belize on Friday, January 29th, 2016. The bank sent out a press release today announcing that the Central Bank of Belize has formally approved the sale of assets to Heritage Bank. The release states that the date for the completion of the transition to Heritage Bank is January 31st., 2016.
CIBC says, quote, "the two parties have made excellent progress in planning for this transition and executing a plan of orderly and detailed transition activities to ensure a smooth transition of CIBC First Caribbean customer accounts, loans and services to "Heritage Bank," end quote.
It adds, "CIBC FirstCaribbean can therefore confirm that there will be continuity of service to customers and a seamless transition to Heritage Bank."
The release ends by thanking it's in Belize for their years of service, saying, quote, "The bank continues to give them all possible support as we work through this period of transition." As has been widely reported, the Bank's 60+ employees will lose their jobs when it closes, and there is no assurance of how many will be take on by Herniate Bank. This has been the subject of a still ongoing labour dispute.
Email
Print