The Bank of the Republic of Haiti (french: Banque de la République d'Haïti; ht, Bank Repiblik Ayiti; BRH) is the

central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central b ...

of Haiti. It was formed in 1979 from the National Bank of the Republic of Haiti (french: Banque Nationale de la République d'Haïti), which had served as the country's bank of issue since 1910, itself succeeding the

National Bank of Haiti The National Bank of Haiti (french: Banque Nationale d'Haïti) was a French bank founded in 1881 by Crédit Industriel et Commercial and headquartered in Paris to serve the Haiti indemnity obligation. It had a monopoly of currency issuance in Hai ...

. The bank is active in promoting

financial inclusion Financial inclusion is defined as the availability and equality of opportunities to access financial services. It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and service ...

policy and is a member institution of th
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.

Background

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. A Haitian law of 1880 allowed for a currency issuance concession to be granted to a privileged bank, and the

was subsequently established in Paris in early 1881 by the French bank

Crédit Industriel et Commercial The Crédit Industriel et Commercial (CIC, "Industrial and Commercial Credit Company") is a bank and financial services group in France, founded in 1859. It has been majority owned by Crédit Mutuel, one of the country's top five banking groups, ...

. In October 1910, the issuance concession was transferred to a new bank, the

National Bank of the Republic of Haiti The Bank of the Republic of Haiti (french: Banque de la République d'Haïti; ht, Bank Repiblik Ayiti; BRH) is the central bank of Haiti. It was formed in 1979 from the National Bank of the Republic of Haiti (french: Banque Nationale de la Répub ...

(BNRH) formed by a consortium of French, German and American interests. The

National City Bank of New York Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ...

took over the BNRH following the

United States occupation of Haiti The United States occupation of Haiti began on July 28, 1915, when 330 U.S. Marines landed at Port-au-Prince, Haiti, after the National City Bank of New York convinced the President of the United States, Woodrow Wilson, to take control of ...

, and gained full ownership in 1919. In 1935, the Haitian government acquired the BNRH from National City Bank. In 1979, BNRH was split into two financial institutions: the (BNC), a commercial bank, and the Bank of the Republic of Haiti.

Governors

* Antonio André, September 1979 - July 1980 * Gérard Martineau, July 1980 - February 1982 *

Marcel Léger Marcel Léger (June 8, 1930 – February 5, 1993) was a Canadian politician, and a supporter of Quebec sovereignty. He also founded the Canadian polling firm that became Léger Marketing. Background Léger was born in Montreal. He is the fath ...

, February 1982 - July 1982 * Antonio André, July 1982 - April 1983 * Allan Nolté, April 1983 - June 1985 * Jean Claude Sanon, June 1985 - February 1986 * Onill Millet, February 1986 - June 1988 * Hubert Cameau, administrator, June 1988 - August 1988 * Joseph Lagroue, director, August 1988 - September 1988 * Ernest Ricot, September 1988 - June 1989 *

Jacques Vilgrain Ancient and noble French family names, Jacques, Jacq, or James are believed to originate from the Middle Ages in the historic northwest Brittany region in France, and have since spread around the world over the centuries. To date, there are over ...

, June 1989 - March 1990 *

Serge Pothel Serge may refer to: *Serge (fabric), a type of twill fabric *Serge (llama) (born 2005), a llama in the Cirque Franco-Italien and internet meme *Serge (name), a masculine given name (includes a list of people with this name) *Serge (post), a hitchi ...

, March 1990 - August 1990 *

Charles Beaulieu Charles E. Beaulieu, (born July 5, 1930) is a Canadian academic, civil servant, and businessman. Born in Amqui, Quebec, he received a Bachelor of Arts in 1951, a Bachelor of Science in 1956, and a Ph.D. in 1960 from Université Laval. From 1961 ...

, August 1990 - April 1991 *

Roger Pérodin Roger is a given name, usually masculine, and a surname. The given name is derived from the Old French personal names ' and '. These names are of Germanic origin, derived from the elements ', ''χrōþi'' ("fame", "renown", "honour") and ', ' ...

, April 1991 - December 1991 * Bonivert Claude, December 1991 - October 1994 *

, October 1994 - December 1994 *

Leslie Delatour Leslie Delatour (1950–2001) was a Haitian economist who served as governor of the Bank of the Republic of Haiti from 1994 to 1998, and as Haiti's Minister of Finance from 1986 to 1988. Biography Born in 1950, he studied at Johns Hopkins Uni ...

, December 1994 - February 1998 *

Fritz Jean Fritz Alphonse Jean (born 1956) is a Haitian economist, politician and writer who served as governor of the Banque de la République d'Haïti from 1998 until 2001. Since 2012, he is the President of the Chamber of Commerce, Industry and Professi ...

, February 1998 - August 2001 * Venel Joseph, August 2001 - April 2004 * Raymond Magloire, April 2004 - September 2007 * Charles Castel, September 2007 - December 2015 * Jean Baden Dubois, December 2015 - Source:

References

External links

Official site of Bank of the Republic of Haiti
{{DEFAULTSORT:Bank of the Republic of Haiti Banks of Haiti Haiti Economy of Haiti 1979 establishments in Haiti Banks established in 1979

Background

Governors

See also

References

External links