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Central Bank of Cuba

{{Short description|Monetary Authority of Cuba}}

{{Infobox Central bank

| image_1 = Central_Bank_of_Cuba_logo.png

| image_title_1 = Logo of the Central Bank of Cuba

| image_width_1 = 150px

| image = Bank Cuba.jpg

| bank_name_in_local = Banco Central de Cuba

| ownership = 100% state ownership{{cite web |last1=Weidner |first1=Jan |title=The Organisation and Structure of Central Banks |url=https://d-nb.info/1138787981/34 |website=Katalog der Deutschen Nationalbibliothek|year=2017|format=PDF}}

| headquarters =

| established = 28 May 1997

| president = Joaquín Alonso Vázquez

| leader_title = President

| bank_of = Cuba

| currency = Cuban peso

| currency_iso = CUP

| reserves = $8 billion

| website = {{URL|www.bc.gob.cu/}}

| preceded = National Bank of Cuba

| succeeded =

| footnotes =

}}

The Central Bank of Cuba ({{langx|es|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 ({{langx|es|Banco Nacional de Cuba|links=no}}), which was established on 23 December 1948{{Cite web |title=Aniversario 62 de la nacionalización de la banca en Cuba |url=https://www.contraloria.gob.cu/noticias/aniversario-62-de-la-nacionalizacion-de-la-banca-en-cuba |access-date=2022-10-13 |website=Contraloría General de la República |language=es |archive-date=2022-10-14 |archive-url=https://web.archive.org/web/20221014041559/https://www.contraloria.gob.cu/noticias/aniversario-62-de-la-nacionalizacion-de-la-banca-en-cuba |url-status=dead }} and began operations on 27 April 1950.{{Cite web|url=http://www.bc.gob.cu/English/about_bcc.asp|archive-url=https://web.archive.org/web/20160531013159/http://www.bc.gob.cu/English/about_bcc.asp|url-status=dead|archive-date=May 31, 2016|title=About the BCC|date=May 31, 2016}}

The current president of the bank is Joaquín Alonso Vázquez.{{Cite web|url= https://www.bc.gob.cu/noticia/designado-nuevo-ministro-presidente-del-banco-central-de-cuba-/1708 |title= Designado nuevo Ministro Presidente del Banco Central de Cuba |website=Portal Banco Central de Cuba}}

Organization

The bank is headed by a single president with five vice-presidents:{{cite web|url=http://www.bc.gob.cu/English/about_bcc.asp |title=About the BCC |access-date=2016-06-30 |url-status=dead |archive-url=https://web.archive.org/web/20160531013159/http://www.bc.gob.cu/English/about_bcc.asp |archive-date=2016-05-31 }}

  • 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.

class="wikitable" style="text-align:center;"
No.

! Image

! Name

! Term

1

|100px

|Felipe Pazos

|1950 – April 1952{{Cite web|url=http://banconacionaldecuba.com/felipe-pazos-roque/|title=Felipe Pazos Roque}}

2

|

|Joaquín Martínez Sáenz

|April 1952 – 1958{{Cite web|url=https://books.google.com/books?id=TKwQAAAAIAAJ|title=Annual Report of the Executive Directors for the Fiscal Year|date=April 2, 1950|publisher=International Monetary Fund|via=Google Books}}

(1)

|100px

|Felipe Pazos

|January 1959 – November 1959

3

|100px

|Che Guevara

|26 November 1959 – 23 February 1961{{Cite web|url=http://banconacionaldecuba.com/ernesto-che-guevara/|title=Ernesto 'Che' Guevara}}

4

|

|Raúl Cepero Bonilla

|1961–1962{{Cite web|url=http://banconacionaldecuba.com/raul-cepero-bonilla/|title=Raúl Cepero Bonilla}}

5

|

|Orlando Pérez Rodríguez

|1962–1973{{Cite web|url=http://banconacionaldecuba.com/orlando-perez-rodriguez/|title=Orlando Pérez Rodríguez}}

6

|

|Raúl León Torrás

|1973–1985{{Cite web|url=http://banconacionaldecuba.com/raul-leon-torras/|title=Raúl León Torrás}}

7

|

|Héctor Rodríguez Llompart

|1985–1995{{Cite web|url=http://banconacionaldecuba.com/hector-rodriguez-llompart/|title=Héctor Rodríguez Llompart}}

8

|

|Francisco Soberón Valdés

|1995–2009{{Cite web|url=http://banconacionaldecuba.com/francisco-soberon-valdes/|title=Francisco Soberón Valdés}}

9

|

|Ernesto Medina Villaveiran

|2009–2017{{Cite web|url=http://banconacionaldecuba.com/evolucion-de-la-estructura-juridica/|title=Evolución de la estructura jurídica}}

10

|

|Irma Margarita Martínez Castrillón

|2017–2020

11

|

|Marta Sabina Wilson González

|2020–2023{{Cite web|url=http://www.cubanews.acn.cu/cuba/10268-cuban-parliament-appoints-members-of-the-council-of-ministers|title=Cuban Parliament appoints members of the Council of Ministers|website=Agencia Cubana de Noticias|date=23 December 2019 }}

12

|

|Joaquín Alonso Vázquez

|15 February 2023 – present{{Cite web|url= http://www.cubanews.acn.cu/cuba/20400-cuba-appoints-new-minister-president-of-the-central-bank|title=Cuba appoints new Minister President of the Central Bank|date=16 February 2023}}

See also

{{Portal|Cuba|Banks}}

References

{{Reflist}}

External links

  • {{in lang|es|en}} [http://www.bc.gob.cu Central Bank of Cuba official site] {{Webarchive|url=https://web.archive.org/web/20181020004159/http://www.bc.gob.cu/ |date=2018-10-20 }}

{{Cuba topics}}

{{Central banks by country}}

{{coord|23.1393|N|82.3533|W|source:wikidata|display=title}}

{{Authority control}}

Category:Banks of Cuba

Cuba

Category:Economy of Cuba

Category:Banks established in 1997

Category:1997 establishments in Cuba

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