The Central Bank of Cuba published an update on Banco Metropolitano (BANMET) rolling out a new training and discussion forum for managers of its Havana branches to bring operations in line with new Central Bank regulations, including a 2025 mechanism for the management, control and allocation of foreign currency accounts. The first exchange session at BANMET’s head office brought together leaders from all capital branches and members of BANMET’s management board, chaired by President Yelegni Fernández Castro. Discussions focused on adapting processes for opening foreign currency accounts to the new mechanism, in the context of ongoing updates to a 2000 resolution governing the opening of accounts for transactions in freely convertible currencies by legal entities. The new training space is scheduled to be implemented on 30 January 2026.
Central Bank of Cuba 2026-01-27
Central Bank of Cuba spotlights BANMET training programme to align foreign currency account openings with 2025 allocation mechanism
The Central Bank of Cuba announced Banco Metropolitano's (BANMET) initiative to establish a training and discussion forum for Havana branch managers to align with new regulations, including a 2025 mechanism for foreign currency account management. The inaugural session, led by President Yelegni Fernández Castro, addressed adapting account opening processes to the updated mechanism.