Bank of the Republic of Haiti

The Bank of the Republic of Haiti (French: Banque de la République d'Haïti) (BRH) is the central bank of Haiti.

Bank of the Republic of Haiti
Banque de la République d'Haïti
HeadquartersPort-au-Prince, Haiti
Established17 August 1979
Ownership100% state ownership[1]
GovernorJean Baden Dubois
Central bank ofHaiti
CurrencyHaitian gourde
HTG (ISO 4217)
Reserves1 820 million USD[1]
Preceded byNational Bank of the Republic of Haiti
Websitewww.brh.ht

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.[2]

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.

Governors

  • Antonio André, September 1979 - July 1980
  • Gérard Martineau, July 1980 - February 1982
  • Marcel Léger, 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, June 1989 - March 1990
  • Serge Pothel, March 1990 - August 1990
  • Charles Beaulieu, August 1990 - April 1991
  • Roger Pérodin, April 1991 - December 1991[3]
  • Bonivert Claude, December 1991 - October 1994
  • Roger Pérodin, October 1994 - December 1994
  • Leslie Delatour, December 1994 - February 1998
  • Fritz Jean, 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: [4]

See also

References

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