OFAC Continues To Target Cuba Banking- Even In United Kingdom
/Update to Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury’s list of Specially Designated Nationals (SDN) and Blocked Persons
HAVANA INTERNATIONAL BANK, LTD., 20 Ironmonger Lane, London EC2V 8EY, United Kingdom [CUBA]. -to- HAVIN BANK LIMITED (a.k.a. HAVANA INTERNATIONAL BANK, LTD), 4th Floor, 189 Marsh Wall, London E14 9SH, United Kingdom; Edificio Atlantic, Oficina 4H, Calle D No. 8 entre 1ra. y 3ra., Vedado, Plaza de la Revolucion, Havana 10400, Cuba; SWIFT/BIC HAVIGB2L; Website www.havanaintbank.co.uk; alt. Website www.hib.uk.com; Company Number 01074897 (United Kingdom) [CUBA].
resulting in the following new [CUBA] entries: HAVANA INTERNATIONAL BANK, LTD. a. HAVIN BANK LIMITED), 4th Floor, 189 Marsh Wall, London E14 9SH, United Kingdom; Edificio Atlantic, Oficina 4H, Calle D No. 8 entre 1 ra. y 3ra., Vedado, Plaza de la Revolucion, Havana 10400, Cuba; SWIFT/BIC HAVIGB 2L; Website www.havanaintbank.co.uk; alt. Website www.hib.uk.com; Company Number 01074 897 (United Kingdom) [CUBA].
NOTE: The name of the bank was reportedly changed to its current name in 2005.
From Havin Bank Ltd:
“Havin Bank Ltd., formerly Havana International Bank Ltd. (HIB), was set up on October 3, 1972, as a Private Limited Company, by means of a Certificate of Incorporation issued by "Companies House", under the laws and regulations of the United Kingdom and is under the supervision of the Financial Services Authority (FSA), which was created as a substitute for the activities that were previously carried out by the Bank of England.
The Bank of England authorised Havin Bank Ltd. to operate as a bank, in August, 1973, being the only bank with entirely Cuban capital established outside Cuba, in which Banco Central de Cuba is a shareholder. Banco Nacional de Cuba issued Havin Bank Ltd. a License to establish a Representative Office in Cuba by means of Resolution No. 88, of 1991. The Office was officially set up in May, 1995.
From the beginning, HIB has known how to take advantage of its location in the City of London, one of the major financial centres of the world, and from having and developing an extensive understanding of the Cuban market, its enterprises, perspectives and peculiarities. This unique position, together with the efficiency and professionalism of its personnel, has allowed it to conceive, develop and consolidate the Cuban market by arranging financing through the Bank and assisting its clients with a wide variety of banking services which, among others, enable it to perform the following operations: To attract, receive and keep funds in demand or time deposits, in suitable forms and at a very competitive rate of interest. To grant various types of financing. To carry out all types of operations with negotiable commercial paper. To carry out all forms of international banking activity. Its ample network of over 400 correspondents throughout the world, enables Havin Bank Ltd. to provide a whole variety of banking services requested by its clients in different currencies and markets.
Havin Bank Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. FCA authorisation can be checked on the FCA's Register at: www.fca.gov.uk/register”
LINKS TO:
Annual Report and Financial Statements 2019
