October 9, 2025
The Central Bank of Belize today announced the launch of the country’s Credit Reporting System (CRS)—a major milestone in strengthening Belize’s financial infrastructure and promoting greater access to credit for individuals and businesses.
As a part of the CRS, the licenced credit bureau, CRIF Information Services Limited (CRIF) will collect and share credit information from banks, credit unions, and other lending institutions to help lenders assess borrowers’ creditworthiness more accurately and fairly. Also, by reducing the information gaps between lenders and borrowers, the CRS aims to make credit more accessible and affordable, particularly for micro, small, and medium-sized enterprises (MSMEs) and households.
Governor Kareem Michael described the establishment of a CRS as “a transformative step toward greater financial inclusion and stability.” He added that the system “empowers Belizeans to build a credit history that can serve as ‘reputational collateral,’ unlocking fairer access to credit and new opportunities for families and businesses.”
In compliance with the Credit Reporting Act, CRIF will ensure that all credit information is handled securely and accurately. The credit bureau is expected to go live in early 2026.
For more information, visit the Central Bank’s website at www.centralbank.org.bz.
