The Governor of Central Bank Denton Rarawa says the Pan Oceanic Bank (POB) has provided competition with other commercial banks in the country, and has allowed customers to find which bank suits their needs.
Vendors and shoppers at the Central Market will now enjoy the convenience of a new ATM machine as Bank South Pacific opened its nineteenth ATM at the Family Market Pharmacy at Central Market.
Westpac Solomon Islands has announced it has a new General Manager. He is Elliott Griffin. Griffin replaces Kutila Pinto who served in the role for four years.
The Governor of Central Bank, Denton Rarawa has described the 2014 Annual Meeting of the World Bank and International Monetary Fund which he attended in Washington DC as “very successful”. Held every first week of October each year, Mr Rarawa said the meeting discussed world economic issues.
The Central Bank of Solomon Islands has made a public clarification on why the Bank is facilitating a Relationship Management Agreement for the country’s newest commercial bank, the Pan Oceanic Bank and another bank in the Asian region.
The Governor of Central Bank, Denton Rarawa says the Pan Oceanic Bank’s support of the forestry sector has avoided a potential instability in the country’s economy.
The Central Bank of Solomon Islands Board has announced it is adjusting its monetary policy stance to a more ‘accommodative monetary policy’. In a statement, the Bank says it is moving to this new policy from the neutral position it adopted in the first half of the year.
The Central Bank of Solomon Islands is has warned Solomon Islanders against investing with JJ ARK Investment- a new ponzi scheme in town. CBSI’s Director of Financial Intelligence Unit, SIFIU, Jimmy Sandersley says the scheme is similar to the 5 Golden Dreams Investment being promoted in Lata,…
The World Bank Group has announced, it will increase its support for disaster and climate resilient development in small island developing states from US$145 million per year to about US$190 million. It will also work with partners towards a Small Island States Resilience Initiative.
Pan Oceanic Bank, says it’s had a resounding response with more than 5,000 accounts opened in its first two months. The Chief Executive, Nihal Kekulawala, told Radio New Zealand International, the Pan Oceanic Bank has the lowest interest rates in the country, and unlike other banks, grants loans to…
The Central Bank of Solomon Islands (CBSI) announced its Board has approved the Prudential Guideline No. 9: Complaints Management on 13th August 2014. A Media statement from the CBSI states, the guideline will come into effect early October after a 45 days implementation period.
Westpac Bank has opened its 20th In-Store Banking Service at the Rove fish market in Honiara, after reaching an agreement with the market shop owner Robert Sisilo recently.
The Central Bank of Solomon Islands (CBSI) says it will not tolerate the publication and spreading of misleading information that undermines public confidence in our financial system and that of customers of banks in the country.
The Asian Development Bank has approved a $15.58 million project to help Solomon Islands rebuild transport infrastructure damaged by recent flash floods.
Peoples participation in banking services is key to developing the country’s economy, says Westpac Bank Manager, Jeffery Pitamama. The Westpac Bank Manager made the statement at an event to launch Westpac’s In-store banking services at the Fishing Village in East Honiara today.
ANZ Bank has announced an agreement with the Australian Government to support the increased roll out of mobile banking and financial literacy programs to a further 65,000 Solomon Islanders previously excluded from traditional banking services.
Central Bank Governor, Denton Rarawa has condemned the theft of the ANZ ATM machine in Honiara, saying “this is unacceptable”. The ATM Machine was situated at the Kwaimani Building, along Kukum Highway, and was stolen on Friday night by men reported as wearing masks and carrying guns.
Over 20 per cent of people in Pacific Island Countries, including Solomon Islands, live in hardship. A World Bank report says extreme poverty remains rare in the pacific, but that over 20 percent of people in most countries live in hardship.
Pan Oceanic Bank, POB, is inviting members of the public to witness and celebrate its grand opening next Friday. Chief Executive Officer, CEO, Nihal Kekulawela, says the public is welcome to celebrate the birth of a local bank in the country.
The Pan Oceanic Bank, POB, Ltd the country’s newest financial institution is set to open its doors to the public next Friday. Chief Executive Officer, Nihal Kekulawala confirms this to SIBC News.
