Who we are.
A non-profit association of accomplished financial professionals, dedicated to the orderly development of Cuba’s banking and financial system within a market-driven economy.
Founded in Florida in December 1992, the Cuban Banking Study Group is a non-profit association comprised primarily of professional bankers of Cuban origin, with diverse backgrounds and experience across banking, finance, economics, and law.
Cuba had a robust financial system in the 1950s, in which Cuban-owned banks controlled most assets and deposits and served as a catalyst for the country’s economic and industrial growth. Cuba was home to the largest privately-owned commercial bank in Latin America as of December 31, 1958.
A solvent and economically rational banking system is a fundamental condition for an effective market-driven economy.
CBSG believes a Cuban-owned banking industry — ready to serve local communities and small businesses, complemented by government-owned institutions, multinational agencies, and foreign banks — is critical to Cuba’s economic development.
Our work resulted in the 1995 publication of “Cuba: Past, Present and Future of Its Banking and Financial System,” a landmark study covering the country’s banking history from 1832 to the present.
The Cuban Banking Study Group, Inc. (CBSG) is dedicated to the study of the Cuban banking and financial system and to the promotion of an orderly development of the Cuban banking industry in a market-driven economy, where Cuban-owned institutions play a prominent role.
Four areas of focus.
RESEARCH
Banking history from 1832 to the present, anchored by our 1995 landmark study.
POLICY
A consultative view on an orderly, market-driven banking transition.
EDUCATION
A standing partnership with Casa Cuba at Florida International University.
COMMUNITY
An independent, non-partisan network of accomplished professionals.