The Central Bank of Cuba (Spanish: Banco Central de Cuba, BCC) is the central bank of Cuba. It was created in 1997 to take over many of the functions of the National Bank of Cuba (Spanish: Banco Nacional de Cuba), which was established on 23 December 1948[2] and began operations on 27 April 1950.[3]
Established | 28 May 1997 |
---|---|
Ownership | 100% state ownership[1] |
President | Joaquín Alonso Vázquez |
Central bank of | Cuba |
Currency | Cuban peso CUP (ISO 4217) |
Reserves | $8 billion |
Preceded by | National Bank of Cuba |
Website | www |
The current president of the bank is Joaquín Alonso Vázquez.[4]
Organization
editThe bank is headed by a single president with five vice-presidents:[5]
- 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
editPresidents of the National Bank of Cuba and of the Central Bank of Cuba.
- Felipe Pazos, 1950 – April 1952[6]
- Joaquín Martínez Sáenz, April 1952 – 1958[7][8]
- Felipe Pazos, January 1959 – November 1959[6]
- Che Guevara, 26 November 1959 – 23 February 1961[9]
- Raúl Cepero Bonilla, 1961–1962[10]
- Orlando Pérez Rodríguez, 1962 – 1973[11]
- Raúl León Torrás, 1973 – 1985[12]
- Héctor Rodríguez Llompart, 1985 – 1995[13]
- Francisco Soberón Valdés, 1995 – 2009[14]
- Ernesto Medina Villaveiran, 2009 – 2017[15]
- Irma Margarita Martínez Castrillón, 2017 – 2020
- Marta Sabina Wilson González, 2020-2023[16]
- Joaquín Alonso Vázquez Since 15 February 2023[17]
See also
editReferences
edit- ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- ^ "Aniversario 62 de la nacionalización de la banca en Cuba". Contraloría General de la República (in Spanish). Archived from the original on 2022-10-14. Retrieved 2022-10-13.
- ^ "About the BCC". May 31, 2016. Archived from the original on May 31, 2016.
- ^ "Designado nuevo Ministro Presidente del Banco Central de Cuba". Portal Banco Central de Cuba.
- ^ "About the BCC". Archived from the original on 2016-05-31. Retrieved 2016-06-30.
- ^ a b "Felipe Pazos Roque".
- ^ Fund, International Monetary (April 2, 1950). "Annual Report of the Executive Directors for the Fiscal Year". International Monetary Fund. – via Google Books.
- ^ Laje, Zilia L. (April 2, 2000). The Sugar Cane Curtain: Historical Novel. Guarina Pub. ISBN 9780964622418 – via Google Books.
- ^ "Ernesto "Che" Guevara".
- ^ "Raúl Cepero Bonilla".
- ^ "Orlando Pérez Rodríguez".
- ^ "Raúl León Torrás".
- ^ "Héctor Rodríguez Llompart".
- ^ "Francisco Soberón Valdés".
- ^ "Evolución de la estructura jurídica".
- ^ "Cuban Parliament appoints members of the Council of Ministers". Agencia Cubana de Noticias. 23 December 2019.
- ^ "Cuba appoints new Minister President of the Central Bank". 16 February 2023.
External links
edit- (in Spanish and English) Central Bank of Cuba official site Archived 2018-10-20 at the Wayback Machine
23°08′21″N 82°21′12″W / 23.1393°N 82.3533°W