Category

Banking

The Banking sector in Cuba

25 posts
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Cuban-Italian Launches a Bitcoin Exchange in Cuba

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The technology news website Decrypt reported that a Cuban-Italian entrepreneur has launched a bitcoin peer-to-peer trading platform in Cuba. Known as Qbita-a, the developer Mario Mazzola describes it as “a system built in Cuba for Cubans.” Mazzola claims it to... More »

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Remittances: Aiding the Individual or Private Business?

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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 by the new Cuban Constitution could become opportunities for investment of re... More »

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EU to Offer Assistance in Dual Currency Unification

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An offer to assist in the unification of  Cuba’s dual currency system has been made by a European Union (EU) official on a visit to Havana this week.  The main objective of the visit is the preparation of a cooperation agreement on renewable energy. Cuba… You ... More »

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Cuba Signs Agreement with CABEI

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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 agreement will fortify Cuba’s relations with countries in the Central American and Caribbean region.  Si... More »

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Banking Reform in Cuba

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Many of the banking reforms that have taken place within the banking system of Cuba have been the result of a partnership with the German Sparkassenstiftung für internationale Kooperation – the Savings Banks Foundation for International Cooperation (SBFIC).  C... More »

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