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 forced by Washington’s blockade again the Island. Prior this year, as a major aspect of h... More »
On June 14, 2016, AP news agency reported that Stonegate Bank of Pompano Beach in Florida would issue the first US credit card intended for use in Cuba. This is wonderful news for the innovative, trailblazing Stonegate Bank, and also for Cuba and American tour... More »
The existing US embargo against Cuba is still creating immense financial and banking problems for Cuba. While most people believe that all is “rosy” with all the “feel good” news stories such as the Obama visit, fashion, celebrities, rock stars and the recent... More »
A US and Cuban bank have signed an agreement to create a correspondent banking relationship. Stonegate, a commercial bank located in Pompano, Florida and the Banco Internacional de Comercio in Havana are moving forward with the agreement. Such a deal will r... More »
The most recent, successful talks between the US and Cuba have focused on re-establishing a banking relationship in between the two countries. Banks already based in Cuba include Canadian banks Scotia Bank and the National Bank of Canada. Other foreign banks... More »
