Sentencing submissions will be presented this Wednesday for the former Central Bank employee who stole more than $1.7 million of old bank notes. Philip Bobongi was convicted last month on 39 counts of money laundering and two counts of larceny and embezzlement.
The Central Bank of Solomon Islands (CBSI) has rescinded the conditional approval it gave to BSP to acquire Westpac Banking Corporation Solomon Islands. CBSI confirmed to SIBC News it made the decision on May 29th this year.
The Central Bank Governor has told the Australia Solomon IslandsBusiness Forum – high population growth is a serious hindrance to economic growth in Solomon Islands.
The Governor of the Central Bank of Solomon Islands (CBSI) Denton Rarawa has said one of the bank’s main agenda is to introduce financial inclusion into the education system as part of the national curriculum.
Solomon Islands is in desperate need of a savings culture – says the CEO of Pan Oceanic Bank, Nihal Kekulawala. Mr Kekulawala made the statement this morning when launching the Bank’s Pikinini Savings Gift scheme in Honiara. He said Solomon Islands does not have a strong savings culture.
The Pan Oceanic Bank (POB) will tomorrow launch its inaugural ‘Pikinini Savings Gift Scheme’. POB’s Chief Executive Officer, Nihal Kekulawala told SIBC News, as a locally incorporated bank, it endeavours to inculcate savings habits among Solomon Islands children.
Six Solomon Islands women and girls have won the 2015 Westpac Women’s Education Grants, a program that gives women and girls a helping hand to further their education.
Solomon Islands has become one of the leading Pacific nations to adopt a new financial promotional initiative of the Alliance for Financial Inclusion (AFI) “Dili Consensus”.
The Central Bank of Solomon Islands (CBSI) in partnership with the Pacific Financial Inclusion Programme (PFIP) have successfully completed a three-day training on Digital Financial Services (DFS).
Solomon Islands now needs to develop a clear Digital Financial Services (DFS) roadmap if it wants to take advantage of the rapid intake of DFS discovered in the past two years in order to meet customer’s needs. Stakeholders at a recent workshop on DFS were told in Honiara.
ADB’s report on strategies to guide reforms in state-owned enterprises in the Solomon Islands and other Pacific island countries will be officially launched in Honiara this Wednesday. The report will be launched during the Solomon Islands State-Owned Enterprise Forum.
Westpac Bank is offering a total of six education grant for women and girls in its Westpac Women’s Education Grant this year. The grant aims to financially assist women and girls in education costs.
The Government will revive the Development Bank of Solomon Islands. A consultant engaged by the DCC Government to review the project announced this at the launching of the second phase of the Rural Development Project today.
The Central Bank of Solomon Islands (CBSI) launches its new $100 bill today. CBSI explains, the new note is slightly smaller than the current one but retains most of the strong images and bold colours.
The Democratic Coalition for Change (DCC) Government says it will rehabilitate the Development Bank of Solomon Islands (DBSI), redirect the Commodities Export Marketing Authority (CEMA) and reinvigorate the Investment Corporation of Solomon (ICSI) Islands.
Two-hundred and ninety thousand dollars of the Westpac Bank robbery is still missing and this has caused a Principal Magistrate to refuse bail for the men accused of the armed robbery.
The Asian Development Bank (ADB) stands ready to provide assistance for some of the policy priorities of the Democratic Coalition for Change Government. An ADB delegation met with Prime Minister Sogavare to find out how ADB can assist his government with its development priority areas.
The Provincial Secretary for Makira Ulawa Province, Silas Sitai says the Bank South Pacific agent at Kirakira is acting in accordance with an advice from the Honiara main branch to halt withdrawals due to certain dishonest account holders. Mr.
Public Servants in Makira Ulawa Province were unable to withdraw their fortnight salaries from the Bank South Pacific (BSP) agent in Kirakira last week.
The National Financial Inclusion Taskforce has won this year’s Australian High Commission’s International Women’s Day Award. The Award recognises inspirational and pioneering women, men and groups who’s achievements have contributed to the empowerment of women in Solomon Islands.
