Ronald Gabriel: "Citibank's Exit Won't Have Systemic Effects or Represent De-Risking"

The Governor of the Central Bank, Ronald Gabriel, in an interview with Le Nouvelliste, stated that Citibank's withdrawal after over 50 years of operations in Haiti will not have a systemic impact and does not constitute a de-risking approach.

Roberson Alphonse
Par Roberson Alphonse
09 Jul 2024 | Lecture : 3 min.

The Governor of the Central Bank, Ronald Gabriel, in an interview with Le Nouvelliste, stated that Citibank's withdrawal after over 50 years of operations in Haiti will not have a systemic impact and does not constitute a de-risking approach.

“It is undeniable that the presence of any international financial institution in a financial system is a definite advantage for foreign investors. We must admit that Citi's presence in Haiti provided an additional sense of confidence since it is one of the largest international

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