Saturday 14 November 2026

Economy

Haiti: the banking system acts like a mafia

By Jenny Toussaint

· 1 min read

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Modèle de banque sur smartphone avec pièces et cubes binaires numériques

Haiti’s banking system is now seen as an institutionalized scam, marked by worrying opacity and practices close to those of a mafia.

Citizens face severe restrictions on dollar withdrawals, causing widespread frustration and a deep sense of injustice over limits considered derisory.

The situation reveals murky management of deposits and artificial exchange rates that directly exploit the population’s vulnerability.

While bank deposits pour in, real access to those funds is becoming an illusion, fueling growing distrust of the country’s financial institutions.

Testimonies from many customers show an urgent need for reform to restore trust and give the banking sector legitimacy again.

Authorities must end these abuses and establish a transparent and fair system that finally guarantees depositors’ rights.

The fight for an ethical banking system is crucial to Haiti’s economic development and the well-being of its people.

The time has come to demand radical change and put a definitive end to this institutionalized scam.

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Jenny Toussaint

Journaliste-Rédactrice à Hebdo24 | Politicienne | Experte en Relations Internationales 📩 : jenny@hebdo24.com Suivez-moi sur X : @jennyhebdo24

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