2018

December 4, 2018

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Suva, Fiji – Central Bank of Samoa’s Governor, Maiava Atalina Emma Ainuu-Enari has been appointed as the Pacific Representative to the United Nations’ newly launched Task Force on Digital Financing of the Sustainable Development Goals (SDGs).   The Task Force comprises a select group of leaders and top experts from around the world. Together they...

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October 11, 2018

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Port 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. The United Nation’s Pacific Financial Inclusion Programme (PFIP) is partnering with the Vanuatu National Provident Fund...

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October 11, 2018

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Apia, 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. EziBank™, is...

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October 11, 2018

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Port Vila, Vanuatu – Yesterday Telecom Vanuatu Limited (TVL) announced the pilot of its new mobile money platform. Provisionally named ‘M-Vatu’, the service uses Vodafone Fiji’s mobile money platform M-PAiSA. Since Vodafone Fiji is owned by TVLs parent company ATH group, it allows TVL to learn from the expertise and lessons from their Fijian counterparts....

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October 11, 2018

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Apia, Samoa – For most Samoans, funeral payments are one of the big expenses in life creating severe financial stress trying to meet traditional obligations that can cost families up to $50,000 WST. Cultural traditions regarding obligations and hospitality arrangements at funerals often mean bereaved families obtain expensive loans at short notice. Apia Insurance Company...

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