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161223 ||| eng |
020 |
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|a 9781475547993
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245 |
0 |
0 |
|a Belize
|b Selected Issues
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2016
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300 |
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|a 61 pages
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651 |
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4 |
|a Belize
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653 |
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|a International finance
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653 |
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|a Depository Institutions
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653 |
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|a Banks and banking, Foreign
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653 |
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|a Commercial banks
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653 |
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|a Banks
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653 |
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|a Finance
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653 |
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|a Industries: Financial Services
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653 |
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|a Banks and banking
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653 |
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|a Financial institutions
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653 |
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|a Financial services
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653 |
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|a Micro Finance Institutions
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653 |
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|a Mortgages
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653 |
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|a International Lending and Debt Problems
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653 |
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|a Loans
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653 |
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|a Banks and Banking
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653 |
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|a Correspondent banks
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653 |
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|a Correspondent banking
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653 |
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|a Banking
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653 |
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|a Bank deposits
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653 |
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|a Foreign banks
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653 |
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|a International banking
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710 |
2 |
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|a International Monetary Fund
|b Western Hemisphere Dept
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Country Reports
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028 |
5 |
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|a 10.5089/9781475547993.002
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856 |
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|u https://elibrary.imf.org/view/journals/002/2016/335/002.2016.issue-335-en.xml?cid=44359-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
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|a 330
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520 |
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|a This Selected Issues paper analyzes macro-financial linkages for Belize. The banking system in Belize is facing significant challenges that could have a negative impact on the wider economy. Under adverse scenarios, the loss of correspondent banking relationships (CBRs) could have a sizeable impact on Belize’s economy and financial stability as fewer CBRs, different local banks’ business models, or stricter due diligence requirements could kick many economic agents out of formal trade and finance channels. Threats to the financial system, including those related to money laundering and terrorist financing, should be tackled on multiple fronts, including through closer coordination with regional and global public and private partners
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