Bank of the Republic of Haiti - Haiti Observer Blog

President Michel Martelly just nominated Mr. Jean Baden Dubois to head Haiti Central Bank (BRH). He replaced Charles Castel. With over 25 years of experience in Haitian banking, Mr. Jean Baden Dubois is very respected in the financial field in Haiti. He has developed many strategies to improve services to the public and increase employee productivity. His special skills are in his capacity to identify needs and bring effective solutions.

Haitian Kreyol:

Jean Baden Dubois , nouvo gouvènè BRH, ranplase Charles Castel

Prezidan Michel Martelly jis nomine Mesye Jean Baden Dubois nan tèt Ayiti Central Bank (BRH). Li ranplase Charles Castel. Avèk plis pase 25 ane eksperyans nan bank ayisyen, Mesye Jean Baden Dubois se yon moun ki respekte nan zòn finansye an Ayiti. Li te devlope anpil estrateji ki te kapab amelyore sèvis pou piblik la ak ogmantasyon pwodiktivite sou kote anplwaye yo. Konpetans espesyal l 'yo se nan kapasite l' pou idantifye bezwen ak pote solisyon efikas.

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On November 17, President Martelly was present at the first major construction in the historic district of Port-au-Prince to inaugurate the Convention and Documentation Centre of the Bank of the Republic of Haiti (BRH) located at the corner of Paved streets and Quai. It also gave him an opportunity to pay tribute to a monument 'Memorial Victory', dedicated to the 14 employees of the bank who died in the 2010 earthquake. The monument is the last work of the great Haitian sculptor Ludovic Booz. The building has been built at a cost of $14.5 million as per earthquake and para cyclonic norms. It consists an administrative area, a multi-purpose exhibition space (900 square meters), two control rooms for simultaneous translation, five office space on the rue Pavée, four meeting rooms, a lobby (380 square meters), a foyer (300 square meters), one documentation area, a restaurant with capacity for 125 people and an artists' dressing room for musical and theatrical performance. The Head of the State invited other institutions to follow the example of the BRH. The center has been built to facilitate the revival of the historical center of Port-au-Prince.

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The Bank of the Republic of Haiti (known in French as Banque de la République d'Haiti) (BRH) serves as the main bank of Haiti. As a participant in the Alliance for Financial Inclusion, it promotes its own proprietary financial inclusion initiative.

Soon after Haiti drove the French off the island, it reclaimed its status as a sovereign state. First mention of BRH occurred in a brief exchange of letters in September 1825. A German corporation, Hermann Hendrick and Co. (HHC), wanted to start a bank in newly-freed Haiti. They hired George Clark to draft a proposal, which was reviewed by Nicholas Kane, foreign liaison between HHC and Balthazar Inginac, Haiti Secretary of State. The proposal was rejected and Haiti's first bank would wait decades to become established.

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From 3rd January Payment By Credit Cards To Be Made In Gourdes In Haiti As Per The Bank Of The Republic Circular

The Bank of the Republic of Haiti sent out a circular to credit card companies and banks, late November informing them that all operations in Haiti territory paid by credit card will be in gourdes, exclusively, regardless of the place the credit card is issued. The circular has been issued in accordance with the 14th May 2012, Act, paragraph 5 of Article 83 of financial institutions and banks. Procedures for credit card billing transactions are determined by the circular. On 3rd January 2013, provisions of the circular will be enforced.

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