Granma newspaper published in its Wednesday edition a message from Cuban financial authorities in which they reiterate that willingness, and emphasized that such a criterion has no relation whatsoever with any institution outside its financial instruments, as is the case of CRF Investment Limited.

This comes at a time when the Court of Appeal in London is holding a hearing on July 24, 2024, to hear the claim.

The message indicates that on April 4, 2023, the High Court of Justice in England and Wales issued a decision stating that it should analyze whether the vulture fund CRF Investment Limited was or not a creditor of the BNC. Such a decision was appealed by the Cuban financial entity and granted by the High Court.

In response, the Court of Appeal in London is holding the hearing on Wednesday to hear the claim.

Since the beginning of the process, which the vulture fund has brought before the English courts to claim a right it does not have, the BNC stated that such an economic institution is not its creditor and therefore, there is no reason to support that position.

The National Bank of Cuba (BNC) reaffirms its permanent willingness for dialogue and respect for the debts contracted with legitimate creditors, which has no relationship whatsoever with an institution alien to its financial instruments, as is the case of CRF Investment Limited.

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