Understanding Cuba’s financial and banking sector

Event: Understanding Cuba’s financial and banking sector

Date: 27th September 2016. 16.00-18.00

Venue: Savills, 33 Margaret Street, London, W1G 0JD

On Tuesday 27th September,  The Caribbean Council organised an exciting business seminar on Tuesday 27th September which was attended by a very high level delegation from Cuba’s financial and banking sector.

The delegation was led by Cuban Central Bank Vice-President Arnaldo Alayon who was accompanied by the Presidents of the four main banks of the Cuban commercial banking system:

  • Jose Lazaro Alaris: President, Banco Internacional de Comercio S.A.
  • Rene Lazo: President Banco Nacional de Cuba (BNC)
  • Luis Mario Salce: President Banco Financiero Internacional (BFI)
  • Manuel Vale: President Banco Exterior de Cuba (BEC)

The discussions about the the opportunities and challenges facing Cuba’s banking sector during the meeting were both helpful and thought-provoking. The question-and-answer session that followed the panel discussion covered some particularly interesting topics, and it was fascinating to hear such a range of opinions brought to the fore.

By way of background, the delegation was visiting London as part of a programme to provide support to the Cuban government relating to their approach and policy to financial regulation and supervision, following on from a Memorandum of Understanding on financial services between the UK and Cuba when the then Foreign Secretary Philip Hammond visited the island in April.

Special thank you to our Event Sponsor

Leni-Gas-Cuba-Ltd