CRF could not immediately be reached for comment on Friday.
The firm claims Cuba owes it 72 million euros in debt in proceedings currently underway in the London court, according to the Central Bank statement.
The case will be closely watched by Cuba’s creditors, some of whom have struggled to recoup loans as the country wrestles with a dire economic crisis made worse by the coronavirus pandemic and restrictions put in place by former U.S. president President Donald Trump.
“The BNC and Cuba have never ignored their debts and have always maintained their interest in negotiating with their legitimate creditors,” the bank said in its statement.
Other Latin American nations, most notably Argentina, have fought prolonged court and political battles for years to settle with so-called vulture funds.