INNOVATION FOR FINANCIAL INCLUSION
VNPF to study micro-pensions for Vanuatu’s informal sector
October 16, 2018Port Vila, Vanuatu – With its informal sector making up about 80% of the working population, Vanuatu is the latest Pacific Island Country that is looking into the introduction of pension products for ni-Vanuatu working in the informal sector.
nbs Launches New Digital Banking Product
October 16, 2018Apia, Samoa – Accessibility and the belief that they cannot afford to save, have been two of Samoa’s biggest impediments to financial inclusion in Samoa. With only 39% of the population having any form of access to a financial service, a new product released today could be key to reducing Samoa’s “unbanked” population.
Apia Insurance Company launches new funeral cover insurance
October 16, 2018Apia, Samoa – Labelled as being the first of its kind in Samoa, Funeral Cover insurance allows Samoans to pursue and secure financial assistance to cover expenses related to funerals. Instead of leaving Samoans in debt, this new insurance allows customers to secure coverage for those expenses at affordable premiums and is renewable annually. Upon...
