Cuban Credit and Commerce Bank (Bandec) has been providing outstanding services to the agricultural and livestock sector, and among the new flexibilizations made to the sector are the granting of loans to producers whose credit and production results are good, without guarantees.
Banks in Cuban eastern province prioritizes financing for food production
One of the priorities of the Credit and Commerce Bank (Bandec) in Holguin, as part of its efforts to contribute to boost food production and the country's economic development, is to strengthen agriculture in all its sectors through financial incentives.
Foreign Minister Denounces US Blockade Impact on Cuban People
The Cuban people’s everyday life is under the effects of the US economic, commercial and financial blockade, strengthened in times of pandemic, Cuban Foreign Minister Bruno Rodriguez wrote on his Twitter account.
Cuban mineral-thermal waters
The former Ciego Montero ranch, now a district in the province of Cienfuegos and recognized as the main área for mineral water in Cuba, celebrates today its 282nd anniversary.
Cuban banks contribute to the reorganization of the country’s economy
The flexible actions of the Bank of Credit and Commerce (BANDEC) for the benefit of agriculture and the monetary reform—Task Ordering—confirm the role that this entity of the global economy plays for the benefit of food production for Cubans.
U.S. blockade causes heavy losses in the construction sector
In the period from April to December 2020 alone, the U.S. economic, commercial and financial blockade of Cuba caused an approximate loss of 18.1 million dollars in the construction sector.
Cuba presents business opportunities at Madrid Platform event
Cuba presented this Tuesday its business opportunities at the Madrid Platform event, which brings together small and medium-sized companies from Europe and America.
Cuba and Poland hold virtual business forum
In order to strengthen trade relations between Cuba and Poland, authorities, businessmen and diplomats from both countries developed an important virtual meeting to promote their exportable products and services.
Cuba keeps developing work in renewable energy sources
The Holguin Electric Company is expanding projects for the implementation of the Renewable Energy Development Program in all sectors of society, thus making possible a change in the energy matrix and the use of clean energy.
Cuban producers focus on pig breeding through alternative methods
Pig production in Cuba is one of the sectors that has been most affected in recent months, mainly due to the lack of animal feed, however producers are working to reverse this situation while seeking alternatives.
Cuba warns of impact of US blockade on its sugar cane harvest
The preparation and execution period of the current harvest has been influenced by the economic-financial and energy crisis, aggravated by the tightening of the U.S. blockade and the effects of the COVID 19 pandemic, said a high-ranking executive of the AZCUBA Sugar Group.
Cuban stores in hard currency for the agricultural sector already offer tractors
Stores in seven of the country's provinces that sell goods for the agricultural sector in freely convertible currency (MLC) already have tractors among their offerings, which will be sold exclusively to agricultural producers.
Cuban Vice-president Supervising Local Food Programs
As part of an island tour to supervise local food programs, Cuban Vicepresident Salvador Valdes today checked the food distribution program in the south –central city of Cienfuegos.
Raising production, ANAP's maxim on its 60th anniversary
The National Association of Small Farmers (ANAP) will dedicate its 60th anniversary to the promotion of anything that helps a rapid increase in agricultural production and to realize the changes stemming from Task Ordering.
Indian hotel chain MGM Muthu Hotels expands in Cuba
The hotel chain MGM Muthu Hotels is expanding its tourist facilities in Cuba in light of the positive reception of this destination by foreign travelers attracted to Cuba’s beautiful beaches, safety levels and kind population.







