Monetary Authority of Cuba
Central Bank of Cuba
Banco Central de CubaLogo of the Central Bank of Cuba |
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.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]
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]