US bans business with 'military-controlled' Cuban bank

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The State Department says it benefits directly from financial transactions at the expense of the Cuban people. FMTNews US Cuban

Mike Pompeo says Cuban military uses foreign exchange to give state companies preferential access.

The State Department placed Banco Financiero International SA in the Cuba Restricted List starting in early January, calling it “a Cuban military-controlled commercial bank that benefits directly from financial transactions at the expense of the Cuban people.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines