Aug 18, 2018 Last Updated 11:38 PM, Aug 13, 2018

Bred Bank offers the European touch

  • Feb 19, 2018
  • By  Nanise Volau
Staff members of the new BRED Bank Solomon. Staff members of the new BRED Bank Solomon. Photo: Bred Nank/Facebook
Published in 2018 February
Read 2284 times
Rate this item
(0 votes)
Tagged under

Solomon Islands now boasts two branches

SIX months after successfully expanding its business to Solomon Islands, the European bank-BRED Bank- will open a second branch in Honiara by the end of the year and a third branch in the provinces in the next 24 months. BRED Bank CEO in Solomon Islands, Owen Thomson, told Islands Business they would now focused on improving the quality of their services by implementing mobile banking through Mobile Application and USSD – banking through text messaging “This is very important for us to deliver banking service to everyone as most of the population live in remote rural areas with no banking access,” Owen said.

He said they would work with NGOs and government agencies to promote saving groups and financial knowledge for the people in Solomons. With the successful establishment of operations throughout the Pacific (Vanuatu, Fiji, New Caledonia and French Polynesia), the BRED Group began operation in Solomon Islands in August last year with one staff member. By opening day, it has installed eight ATMs and opened over 830 accounts.

.....to read more buy your personal copy at

More in this category: Rescue on the high seas »

Find Us on Facebook