Central Bank of Cuba

Last updated
Central Bank of Cuba
Banco Central de Cuba
Central Bank of Cuba logo.png
Logo of the Central Bank of Cuba
Bank Cuba.jpg
Established28 May 1997
Ownership100% state ownership [1]
PresidentJoaquín Alonso Vázquez
Central bank of Cuba
Currency Cuban peso
CUP (ISO 4217)
Reserves$8 billion
Preceded byNational Bank of Cuba
Website www.bc.gob.cu

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]

Contents

The current president of the bank is Joaquín Alonso Vázquez. [4]

Organization

The bank is headed by a single president with five vice-presidents: [5]

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.

No.ImageNameTerm
1 Felipe Pazos.jpg Felipe Pazos 1950 – April 1952 [6]
2Joaquín Martínez SáenzApril 1952 – 1958 [7]
(1) Felipe Pazos.jpg Felipe Pazos January 1959 – November 1959 [6]
3 Che Guevara - Guerrillero Heroico by Alberto Korda.jpg Che Guevara 26 November 1959 – 23 February 1961 [8]
4Raúl Cepero Bonilla1961–1962 [9]
5Orlando Pérez Rodríguez1962–1973 [10]
6Raúl León Torrás1973–1985 [11]
7Héctor Rodríguez Llompart1985–1995 [12]
8Francisco Soberón Valdés1995–2009 [13]
9Ernesto Medina Villaveiran2009–2017 [14]
10Irma Margarita Martínez Castrillón2017–2020
11Marta Sabina Wilson González2020–2023 [15]
12Joaquín Alonso Vázquez15 February 2023 – present [16]

See also

References

  1. Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. "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.
  3. "About the BCC". May 31, 2016. Archived from the original on May 31, 2016.
  4. "Designado nuevo Ministro Presidente del Banco Central de Cuba". Portal Banco Central de Cuba.
  5. "About the BCC". Archived from the original on 2016-05-31. Retrieved 2016-06-30.
  6. 1 2 "Felipe Pazos Roque".
  7. "Annual Report of the Executive Directors for the Fiscal Year". International Monetary Fund. April 2, 1950 via Google Books.
  8. "Ernesto 'Che' Guevara".
  9. "Raúl Cepero Bonilla".
  10. "Orlando Pérez Rodríguez".
  11. "Raúl León Torrás".
  12. "Héctor Rodríguez Llompart".
  13. "Francisco Soberón Valdés".
  14. "Evolución de la estructura jurídica".
  15. "Cuban Parliament appoints members of the Council of Ministers". Agencia Cubana de Noticias. 23 December 2019.
  16. "Cuba appoints new Minister President of the Central Bank". 16 February 2023.

23°08′21″N82°21′12″W / 23.1393°N 82.3533°W / 23.1393; -82.3533