The Central Bank of Cuba held a commemorative event marking the nationalization of the country’s banking sector in the 1960s and recognizing the history of Cuban banking workers. The event also recalled Ernesto Che Guevara’s appointment as president of the National Bank of Cuba on Nov. 26, 1959, presenting his tenure as a shift toward national control of banking and noting Cuba’s subsequent break with the International Monetary Fund and World Bank.
Central Bank of Cuba commemorates banking nationalization and sector history
The Central Bank of Cuba commemorated the nationalization of banking in the 1960s and the history of the country’s banking workers. The event also recalled Ernesto Che Guevara’s 1959 appointment as president of the National Bank of Cuba and Cuba’s break with the International Monetary Fund and World Bank.