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...
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All posts tagged "banking"
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
Alejandro Gil, First Deputy Prime Minister and Minister of Economy and Planning and the Minister-President, Marta Wilson, of the Central Bank of Cuba announced...
Banking
Like similar financial districts, distributed in an area of approximately two square kilometers, this building was the epicenter of what came to be called...
Banking
In a televised address to the nation, Cuban President Miguel Díaz-Canel, in the presence of Raul Castro, First Secretary of the Communist Party, made...
Interviews
Spanish lawyer Hermenegildo Altozano is a leading world expert on matters involving foreign investment with Cuba. Since 2011, Mr. Altozano is a partner at...
Banking
Please note: this article was published on December 28, 2019 and is now outdated. Currency unification will actually take place on January 1, 2021....
Banking
The eventual legalization of small and medium-sized private companies, together with the strengthening and greater autonomy of municipalities in the new territorial division endorsed...
Banking
Cuba has signed an agreement with the Central American Bank for Economic Integration (CABEI) approving the request for entry as a non-regional member. The...
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
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...
Business in Cuba
Prior to President Obama’s visit to Cuba, the Commerce Department’s Bureau of Security and Industry (BIS) and Treasury’s Foreign Assets Control Office (OFAC) made...
Banking
As relations between the US and Cuba evolve, Canadian corporations and banks are moving into Cuba quickly. Scotiabank recently announced its return to...