Business

Stonegate Bank agrees to handle Cuba’s banking services

BY DONNA GEHRKE-WHITE

AND DOREEN HEMLOCK

Sun Sentinel
The government of Cuba has opened an account to handle its business in the United States with Stonegate Bank. One of its offices is at 8630 NW 25th St. in Doral.
The government of Cuba has opened an account to handle its business in the United States with Stonegate Bank. One of its offices is at 8630 NW 25th St. in Doral. C.M. GUERRERO EL NUEVO HERALD

Stonegate Bank in Pompano Beach has agreed to open an account for the Cuban government, a move that could speed renewal of diplomatic relations between the U.S. and Cuba.

Stonegate executives agreed to provide banking services to Cuba at the request of the U.S. State Department, a source told the Sun Sentinel.

Visit SunSentinel.com for the full story.

This story was originally published May 20, 2015 at 7:05 PM with the headline "Stonegate Bank agrees to handle Cuba’s banking services."

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