Find Banking and Financial Services expertise in Vanuatu

Banks

The state-owned National Bank of Vanuatu and multinationals ANZ, Westpac and Bred Bank are the only domestic commercial banks in the country. The National Bank of Vanuatu provides the most extensive retail banking operation with 21 branches spread all over Vanuatu.  Vanuatu is the largest offshore haven amongst the island states of the South Pacific.  International banks include the Asia Merchant, Garrison, United Investment Bank and Pacific Private Bank Limited. The island established itself in the 1970s as a successful offshore tax haven with a very liberal financial regime; the offshore financial sector contributed 12% of its GDP by the late 1980s. However, due to intense pressure from the campaign to counter money laundering by the Organisation for Economic Co-operation and Development (OECD), the majority of banks closed and the economy collapsed following a long strike in the public sector. 

Banking and Financial Services organisations in Vanuatu
National Bank of Vanuatu
Reserve Bank of Vanuatu