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Effective 07/08/2008
British Pound GBP 1.8082
Canadian Dollar   CAD   0.8837
Swiss Franc   CHF   0.8770
Yapanese Yen(*)   JPY   0.8458
USA Dollar   USD   0.9259
Mexican Peso   MXP   0.0887
Danish Krone   DKK   0.1919
Norway Krone   NOK   0.1791
Sweden Krona   SEK   0.1522
Euro   EUR   1.4332
"Convertible" Cuban Peso   CUC   1.0000
*Referred to a hundred units.

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At the end of the first semester of the 2002, the National Banking and Financial System, under the governance of Banco Central de Cuba, is also made up of 8 commercial banks, 18 non-banking financial institutions, 13 representative offices of foreign banks and 4 representative offices of non-banking financial institutions.

In all cases, licenses granted to financial institutions to operate in the national territory, were preceded by an analysis of requests submitted to a commission presided by the Superintendent and integrated by the Directors of the Monetary Policy, Operations and Legal Departments, whose opinion is forwarded for consideration to the Board of Directors of Banco Central de Cuba, which ultimately took the decision.

FINANCIAL INSTITUTIONS WHICH OPERATE IN THE COUNTRY

Commercial Banks

Non-banking Financial Institutions

Representative Offices of foreign Banks

Representative Offices of Non-banking Financial Institutions

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