Bank of the Republic of Haiti
Lua error in Module:Infobox at line 314: malformed pattern (missing ']'). Bank of the Republic of Haiti (French:Banque de la République d'Haïti} (BRH) is the central bank of Haiti.
The bank is active in promoting financial inclusion policy and is a member institution of the Alliance for Financial Inclusion. It recently announced a Maya Declaration Commitment to continue with the modernization of the payment system, and submit legislation to regulate and supervise micro finance institutions to relevant authorities in 2013.[1]
Contents
History
The Bank of the Republic of Haitiwas founded after the independence of Haiti from France. The oldest reference to a bank in Haiti can be attributed to a short correspondence exchanged during September 1825 between a foreign tradesman, Nicholas Kane, the Secretary of State Balthazar Inginac about a proposal made by George Clark in the name of a German group, Hermann Hendrick and Co., to establish a bank in Haiti. However, the proposal was never accepted, and Hermann Hendrick and Co. was never established.
In October 1910, a concession was granted to a consortium of French, German and American businessmen for the creation of a new bank, the National Bank of the Republic of Haiti (BNRH). In 1979, BNRH was split into two financial institutions: the Banque Nationale de Crédit (BNC), a commercial bank, and the Bank of the Republic of Haiti.
See also
References
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