The Central Bank of Cuba (Banco Central de Cuba) is the country's primary financial institution, responsible for regulating the monetary system and overseeing the banking sector. Established in 1997, it aims to maintain financial stability, manage currency, and implement monetary policy in line with the government's economic objectives. The bank issues the national currency, the Cuban peso, and plays a crucial role in foreign exchange management. It also supervises commercial banks and financial institutions, ensuring compliance with regulations and promoting a stable financial environment for the Cuban economy.