Central Bank of Cuba

The Central Bank of Cuba (Template:Lang-es, 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 (Template:Lang-es). From its creation, until May 2009, the President was Francisco Soberón Valdés and the current head is Ernesto Medina Villaveiran.^[1]

Organization

The bank is headed by a single President with five vice-presidents:^[2]

First Vice President
Administrative Vice President
Vice President, Analysis and Strategic Objectives of the Cuban Bank System
Vice President, Macroeconomics
Vice-President, Operations

Functions of the Bank

Its website sets out its mission:

To issue the national currency and seek for its stability.
To contribute to the macroeconomic balance and orderly development of the economy.
To keep custody of the country’s international reserves.
To propose and implement a monetary policy which allows to attain the economic goals established by the country.
To ensure normal internal and external payment operations.
To dictate mandatory regulations.
To exercise the functions related to the discipline and supervision of the financial institutions and representative offices authorised to establish themselves in the country and of any other entrusted to it by the laws.

The President of the Central Bank is a member of the Council of Ministers of Cuba.

References

^ "Archived copy". Archived from the original on 2016-05-31. Retrieved 2016-06-30. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)
^ "Archived copy". Archived from the original on 2016-05-31. Retrieved 2016-06-30. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)

External links

Template:Es icon Template:En icon Central Bank of Cuba official site^{[permanent dead link]}

23°08′21″N 82°21′12″W / 23.1393°N 82.3533°W / 23.1393; -82.3533

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[1] "Archived copy". Archived from the original on 2016-05-31. Retrieved 2016-06-30. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)

[2] "Archived copy". Archived from the original on 2016-05-31. Retrieved 2016-06-30. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)

[1]

[2]

v t e Central banks
Global	Bank for International Settlements Basel Committee on Banking Supervision Financial Stability Board
Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy Basel Accords
Implementation	Capital control Discount rate Interest rates Money creation Open market operation Sovereign wealth fund
Bretton Woods system	International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency
Lists	List of central banks Central banks and currencies of Africa Central banks and currencies of Asia-Pacific Central banks and currencies of the Caribbean Central banks and currencies of Europe Central banks and currencies of the Americas

Organization

Functions of the Bank

See also

References

External links