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No. branches in Cuba Other Operations Banco Bilbao Vizcaya Argentaria: Spain: Banco Sabadell: Spain: Bankia [citation needed] Spain: BPCE International et Outre-Mer: France: Fransabank: Lebanon: Havin Bank Ltd. United Kingdom: National Bank of Canada: Canada: 0: Representative office in Cuba since 1995 and in Cuba since 1928 Republic Bank ...
The new authorities famously appointed Che Guevara as President of the National Bank of Cuba (Spanish: Banco Nacional de Cuba) in 1959. Guevara often retold the apocryphal story of how he gained the job at the bank; Fidel Castro had asked if there were an economista in the room and he had put his hand up – much to Castro's surprise.
In 1981–1989, Cuba used so-called INTUR coins and cheques. Convertible foreign currency was exchanged into these cheques rather than the national currency, which could be used to buy some luxury goods not available for purchase in the national currency. Also, from 1985, Banco Nacional de Cuba issued foreign exchange certificates of various types.
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.
The Cuban peso (in Spanish peso cubano, ISO 4217 code: CUP) also known as moneda nacional, is the official currency of Cuba.. The Cuban peso historically circulated at par with the Spanish-American silver dollar from the 16th to 19th centuries, and then at par with the U.S. dollar from 1881 to 1959.
In Cuba between 1993 and 2004, a dollar store (Spanish: tienda de dólares), officially Tiendas de Recaudación de Divisas ("Foreign Currency Collection Shops") or Tiendas Recuperadoras de Divisas ("Foreign Currency Recovery Shops"), was a government-owned shop that sold goods solely in exchange for hard currency, originally mainly to foreigners and tourists, in the same way as a friendship ...
Since 2009, Cuba has imported sedans from Chinese automaker Geely to serve as police cars, taxis and rental vehicles. [9] Previously, the Soviet Union supplied Volgas, Moskvichs, and Ladas, as well as heavy trucks like the ZIL and the KrAZ; [10] and Cuba also bought cars from European and Asian companies. In 2004, it was estimated that there ...
Telecommunications in Cuba consists mainly of NTSC analog television, analog radio, telephony, AMPS, D-AMPS, and GSM mobile telephony, and the Internet.Telephone service is provided through ETECSA (Telecommunications Company of Cuba), mobile telephone service is provided through the Cellular Telephone Company of Cuba (CUBACEL) and, previously, Caribbean Cellular (Celulares del Caribe, C-COM ...