banking in Cuba

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

Interview with Marta Wilson González of the Central Bank of Cuba

Last year in Havana, I had the honor and privilege of interviewing six incredible women. These women are brilliant, educated,…

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

What Will Happen in the National Banking System?

What will happen in the national banking system was addressed on the nightly television production Mesa Redonda (Round Table) by…

5 years ago

Cuba Expands Relations with the International Financial Sector

Alto Cedro Finanzas Internacionales S.L., a Spanish corporation based in Madrid, has received approval from Cuban authorities to operate a…

5 years ago

Cuban Non-Residents Can Now Open Foreign Currency Accounts

Banking in Cuba is evolving. A new law, Resolution 73/2020 of the Central Bank of Cuba (BCC) published in the…

5 years ago

Stonegate Bank Credit Card Leading the Way in Cuba

On June 14, 2016, AP news agency reported that Stonegate Bank of Pompano Beach in Florida would issue the first…

9 years ago

Cuba Still Unable to Make Financial Transactions in US Dollars

The existing US embargo against Cuba is still creating immense financial and banking problems for Cuba.  While most people believe…

9 years ago

Private sector banking in Cuba

This year Banco Popular de Ahorro (BPA) created an online banking service for the private sector banking in Cuba. The…

10 years ago

US and Cuban bank solidify financial relationship

  A US and Cuban bank have signed an agreement to create a correspondent banking relationship.  Stonegate, a commercial bank…

10 years ago

US and Cuba re-establish a banking relationship

The most recent, successful talks between the US and Cuba have focused on re-establishing a banking relationship in between the…

10 years ago

Banking in Cuba

The current banking system in Cuba is governed by the Banco Central de Cuba (Central Bank of Cuba).  Currently there…

10 years ago