Central Bank of Cuba

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]

Central Bank of Cuba
Banco Central de Cuba
Logo of the Central Bank of Cuba
Logo of the Central Bank of Cuba
Established28 May 1997
Ownership100% state ownership[1]
PresidentJoaquín Alonso Vázquez
Central bank ofCuba
CurrencyCuban peso
CUP (ISO 4217)
Preceded byNational Bank of Cuba
Websitewww.bc.gob.cu

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]

  • 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.

  • 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 – 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

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). 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. "Felipe Pazos Roque".
  7. Fund, International Monetary (April 2, 1950). "Annual Report of the Executive Directors for the Fiscal Year". International Monetary Fund. – via Google Books.
  8. Laje, Zilia L. (April 2, 2000). The Sugar Cane Curtain: Historical Novel. Guarina Pub. ISBN 9780964622418 – via Google Books.
  9. "Ernesto "Che" Guevara".
  10. "Raúl Cepero Bonilla".
  11. "Orlando Pérez Rodríguez".
  12. "Raúl León Torrás".
  13. "Héctor Rodríguez Llompart".
  14. "Francisco Soberón Valdés".
  15. "Evolución de la estructura jurídica".
  16. "Cuban Parliament appoints members of the Council of Ministers". Agencia Cubana de Noticias.
  17. "Cuba appoints new Minister President of the Central Bank". 16 February 2023.

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