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Banks

The National Bank of Tuvalu was originally established by Barclays Bank and the Tuvaluan government. For a time, Barclays’s interest was replaced by the Westpac Banking Corporation. However, the National Bank is now entirely government owned and there are no branches of multinational financial institutions in the country (2012). The National Bank of Tuvalu’s loan portfolio is dominated by personal borrowing, with only about 30% lent for business purposes. Most bank accounts in Tuvalu are owned by wage employees as all public sector employees have their salaries paid into a bank account.

Banking and Financial Services organisations in Tuvalu
National Bank of Tuvalu