The Central Bank of Cuba has published an overview marking the 29th anniversary of the Bank of Credit and Commerce (BANDEC), highlighting its priorities of improving service quality, expanding the use of banking services and supporting Cuba’s economic changes. The overview reviews the bank’s activities and plans, including financing economic sectors, promoting digital payments and providing financial education.
Environmental financing forms part of this work. BANDEC’s Green Banking initiative supports sustainable projects and products aimed at reducing environmental harm. Its plans also include financing renewable energy and adopting renewable energy sources in its branches. Staff training, efficiency and adaptability are identified as priorities for responding to the country’s changing economic needs.