Banking

The Banking sector in Cuba. Banking news, banking industry sector developments and news.

Russia’s Novikombank Opens in Havana

Russia’s Novikombank, a subsidiary of the Rostec company, officially opened in Havana. The move is a step to strengthening and…

1 year ago

The untold story behind El Toque’s operators

"It is important to question how a website without any authority whatsoever, and absolutely no official connection to any banking…

1 year ago

Cuban Banks to Accept US Cash Deposits

As of April 12, Cuban banks will accept US cash deposits to bank accounts. The acceptance of the currency in…

2 years ago

Russia’s MIR Card Launches at Cuban ATMs

According to an article in Russia Briefing, several Cuban banks in Havana are now accepting the Russian MIR payment cards.…

2 years ago

Cuba’s Foreign Trade Minister Meets with Exim Bank Director

Cuba’s Minister of Foreign Trade and Investment, Rodrigo Malmierca, met with the director of India’s EXIM BANK, Vikramaditya Ugra, in…

2 years ago

Joaquín Alonso Vázquez Nominated as Minister-President of the BCC

Joaquín Alonso Vázquez, current president of Casas de Cambio (CADECA S.A.), has assumed the position as the Minister-President of the…

2 years ago

Cuba Implements New Foreign Currency Exchange Rates to Strengthen Peso

Alejandro Gil, First Deputy Prime Minister and Minister of Economy and Planning and the Minister-President, Marta Wilson, of the Central…

3 years ago

Cuba to Implement Foreign Exchange Market to Include US Dollars

The Cuban parliament approved approximately 75 measures for economic recovery yesterday. One of these was the announcement by the Minister…

3 years ago

Fincimex Reports Delays in Processing Remittances

Fincimex S.A. reported that remittance services company, American International Services (AIS) has been forced to extend the processing time for…

4 years ago

Cuba’s Central Bank to Recognize Cryptocurrencies

Cuba’s Central Bank (BCC) will recognize cryptocurrencies as set out in Resolution 215/2021 published in the Official Gazette on Thursday.…

4 years ago