BELIZE CITY, Fri. Dec. 18, 2015–Notifications have been published via the Bermuda Stock Exchange and the London Stock Exchange of the intent of BCB Holdings Limited—the parent company of the Belize Bank, the country’s largest commercial bank, and Belize Bank International—to change its name to Caribbean Investment Holdings Limited.
“The Board believes that the new name is better suited to the company’s strategic focus and aspirations,” said the notice published via the Bermuda Stock Exchange.
In August 2005, the Belize Bank and affiliated Belize assets became subsidiaries of BB Holdings, created after the de-merger of Carlisle Holdings, while its European assets continued to be held under the Carlisle Group.
In May 2009, BB Holdings changed its name to BCB Holdings. Now, BCB Holdings is announcing its plan to change its name to Caribbean Investment Holdings Limited.
We ran a quick Google search on the name and also saw a company by the same name listed under the Carlyle Group, a US company, said to sell and administer holding companies incorporated in a variety of worldwide jurisdictions.
The London AIM notice said, “BCB [Holdings] is a parent holding company with no independent assets or operations, running its assets through its subsidiaries, which focuses on financial services in Belize.”
It added that BCB shares were untraded on Friday, last trading at 7.0 pence per share.