The Central Bank of Cuba (, BCC) is the
central bank
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...
of
Cuba
Cuba, officially the Republic of Cuba, is an island country, comprising the island of Cuba (largest island), Isla de la Juventud, and List of islands of Cuba, 4,195 islands, islets and cays surrounding the main island. It is located where the ...
. It was created in 1997 to take over many of the functions of the National Bank of Cuba (), which was established on 23 December 1948 and began operations on 27 April 1950.
The current president of the bank is Joaquín Alonso Vázquez.
Organization
The bank is headed by a single president with five vice-presidents:
* First Vice President
* Administrative Vice President
* Vice President, Analysis and Strategic Objectives of the Cuban Bank System
* Vice President, Macroeconomics
* Vice-president, Operations
The president of the Central Bank is a member of the
Council of Ministers of Cuba.
Presidents
Presidents of the National Bank of Cuba and of the Central Bank of Cuba.
See also
*
Ministry of Finance and Prices
* ''
Banco Nacional de Cuba v. Sabbatino''
*
Banking in Cuba
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
As banks ...
*
Central banks and currencies of the Caribbean
This is a list of the central banks and currencies of the Caribbean.
There are a number of currencies serving multiple territories; the most widespread are the East Caribbean dollar (8 countries and territories), the United States dollar (5) and t ...
*
Cuban convertible peso
*
Economy of Cuba
The economy of Cuba is a planned economy dominated by state-run enterprises. The Communist Party of Cuba maintains high levels of public sector control and exerts significant influence over the Cuban economy. The island has a low cost of living, ...
*
List of central banks
This is a list of central banks.
Central banks by alphabetical order
This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*).
Major central banks by currency allocation p ...
References
External links
*
Central Bank of Cuba official site
Banks of Cuba
Cuba
Cuba, officially the Republic of Cuba, is an island country, comprising the island of Cuba (largest island), Isla de la Juventud, and List of islands of Cuba, 4,195 islands, islets and cays surrounding the main island. It is located where the ...
Economy of Cuba
Banks established in 1997
1997 establishments in Cuba
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