Bank of the Republic of Haiti

Bank of the Republic of Haiti

Headquarters	Port-au-Prince, Haiti
Established	17 August 1979
Governor	Jean Baden Dubois
Central bank of	Haiti
Currency	Haitian gourde HTG (ISO 4217)
Preceded by	National Bank of the Republic of Haiti
Website	www.brh.net

The 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]

History

The Bank of the Republic of Haiti was 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.

References

↑ "Maya Declaration: Commitment made by the Banque de la République d’Haiti | AFI Global | Bringing smart policies to life". AFI Global. 2013-10-18. Retrieved 2013-10-30.

External links

Official site of Bank of the Republic of Haiti (French)

Society

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Central banks

Global

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Policies and implementation

Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy Basel II Basel III Basel 4

Implementation	Capital control Discount rate Interest rates Money creation Open market operation Sovereign wealth fund

Bretton Woods system

International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency

Lists

List of central banks Central banks and currencies of Africa Central banks and currencies of the Caribbean Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

Coordinates: 18°32′54″N 72°20′45″W / 18.54833°N 72.34583°W / 18.54833; -72.34583

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Bank of the Republic of Haiti

History

See also

References

External links