End of preview - This article contains approximately 2543 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Latin American Economy & Business - March 2015 (ISSN 1741-7430)
Cuba: What next for the banking sector?
The liberalisation of trade and investment flows between Cuba and the rest of the world is good news for foreign banks (from Spain, Canada, France and Trinidad & Tobago) already providing trade finance services through their representative offices in Havana. Some local Cuban banks and non-bank financial institutions involved with trade finance should benefit too. However, wholesale liberalisation of the banking sector is very unlikely until the authorities have identified a sustainable alternative to the complicated dual currency system and worked out how that alternative should be introduced.
- Astori the austere
- Argentina: Government battles global banks
- Region: Corporación Andina de Fomento goes for growth
- Mexico: Big shake up – or same old programmes?
- Peru: Tía María still facing opposition
- Region: Everyone wants a little more fiscal space
- Chile: Trouble comes in threes
- Brazil: Tough outlook for industry
- Cuba: What next for the banking sector?
- Bermuda: Off the floor in 2015?