Banco Internacional de Comercio S.A.

On October 29, 1993, Banco Nacional de Cuba (the country’s central bank then) issued it a License to engage in banking business in the Republic of Cuba for an indefinite time. It started operation on January 3rd, 1994. On November 10, 1997, Banco Central de Cuba ratified the authorisation to operate and granted it a Type A Special License. Its main activity is "enterprises’ bank" carried through its central services and five branches based in the country’s capital, Santiago de Cuba and Villa Clara. It records all transactions in real time providing its customers with card and remote banking services while it is working on developing other methods of electronic banking. Its institutional clients, national or foreign, receive a complete accounting and documentary service, while national entities also enjoy of significant volumes of credit facilities. Practically all sectors of the economy benefit from all this, such as that of agriculture, the food industry, the basic and light industries, transportation, aviation, fishing, construction, domestic and foreign trade, the iron and steel industry, sugar, informatics, communications and others with not only economic importance but also social, such as health, water supply, education, culture and sports. Credit policy followed by the Bank is dictated in a collegiate way by its Credit Committee on the basis of a strict analysis and control in loan making. The Bank counts on correspondents in the five continents, the majority are first class banks, mainly Europeans and Americans. Equity capital of shareholders (Grupo Nueva Banca with the biggest share and Bancholding), near the USD95 millions with a balance ranging from 550 to 600 millions, make sure the Bank has a strong solvency ratio.

Address: PO Box 6113, 20 de Mayo y Ayestarán, Plaza, Havana 10600, Cuba

Phone: +53 7 555482/5
FAX: +53 7 335112