Banking
The Central Bank of Cuba (Banco Central de Cuba) has launched a new five peso coin. The coin will be released into circulation on...
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Banking
Russia’s Novikombank, a subsidiary of the Rostec company, officially opened in Havana. The move is a step to strengthening and securing financial exchanges, despite...
Banking
“It is important to question how a website without any authority whatsoever, and absolutely no official connection to any banking institution or currency exchange...
Banking
As of April 12, Cuban banks will accept US cash deposits to bank accounts. The acceptance of the currency in purchase and sale operations...
Banking
According to an article in Russia Briefing, several Cuban banks in Havana are now accepting the Russian MIR payment cards. A MIR card is...
Banking
The Cuban news agency ACN reports that Banco Metropolitano plans to increase internet banking services and the number ATM locations in Havana in order...
Banking
It’s safe to say, that at the current time, there’s a massive problem in the existing relationship between Cuba and the big banks. The...
Banking
HAVANA, Cuba (ACN) — Cuba will become a shareholder of the Latin American Development Bank (CAF-Banco) following the signing of the first technical cooperation...
Banking
“Give a man a fish, and you’ll feed him for a day. Teach a man to fish, and you’ve fed him for a lifetime.”...
Banking
Cuba’s central bank and U.S. financial institutions are improving working to improve collaboration on matters of remittances and credit cards regardless of legal problems...
Banking
On June 14, 2016, AP news agency reported that Stonegate Bank of Pompano Beach in Florida would issue the first US credit card intended...
Banking
The existing US embargo against Cuba is still creating immense financial and banking problems for Cuba. While most people believe that all is “rosy”...
Banking
This year Banco Popular de Ahorro (BPA) created an online banking service for the private sector banking in Cuba. The service is a move...
Banking
A US and Cuban bank have signed an agreement to create a correspondent banking relationship. Stonegate, a commercial bank located in Pompano, Florida...
Banking
The most recent, successful talks between the US and Cuba have focused on re-establishing a banking relationship in between the two countries. Banks already...
Banking
As relations between the US and Cuba evolve, Canadian corporations and banks are moving into Cuba quickly. Scotiabank recently announced its return to...