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Choice Bank of Belize faces liquidity problems

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The Choice bank of Belize, after 10 years in the market, is facing serious problems that have driven it to declare an immediate suspension of cash withdrawals from deposit accounts, as well as other payment activities, among which reloading Wire Card cards, savings for paying employees, essential supplements for central, consultancy and counselling operations.

The Central Bank of Belize, which regulates the banks, refused to give more information even though the Caporaso & Partners law firm...

Choice Bank of Belize faces liquidity problems

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