ANZ extends fee waiver for money transfers to Pacific
ANZ will extend its fee waiver until September 2021 for online foreign currency payments made from Australia and New Zealand into 10 Pacific countries.* Latest figures show the value and volume of transfers made by ANZ
Kina’s Westpac offer: why a banking duopoly would be bad for PNG
The much-anticipated bid for Westpac Pacific (PNG and Fiji) operations by Kina Securities (the owner of Kina Bank) was finally confirmed last month. The offer did not come as a surprise as Westpac moved its Pacific
Westpac won’t speculate on Pacific sale
Westpac says it will not respond to speculation in Australian media this week that it is on the verge of selling its Pacific businesses. A Westpac Fiji spokesperson says the Bank “is currently undertaking strategic
Rein in public sector wage increases, bank urges Fiji
A major bank in the Pacific region has recommended that Fiji put the brakes on civil servants wage increases as a major step towards bringing the national budget back to balance in the medium to long term. In its
Bred Bank offers the European touch
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