Finance
List of Commercial banks in Vanuatu
Vanuatu’s surprisingly strong banking sector fuels the economy. The Reserve Bank ensures stability, and banks offer a wide range of services. Despite its size, the sector is innovative and adaptable. With a focus on regulation, infrastructure, and growth, Vanuatu is on track to be a Pacific Island financial hub.
Vanuatu’s Diverse and Ambitious Banking Sector
Vanuatu’s dynamic banking sector stands out for its diversity, with both local and international banks providing comprehensive services to residents, businesses, and offshore clients. The Reserve Bank ensures stability, while banks extend beyond traditional services to support international investors with company formation, trust management, and wealth management. Despite challenges like natural disasters, Vanuatu’s innovative banking sector leverages technology to enhance financial inclusion and efficiency. With plans to strengthen regulations, upgrade infrastructure, and promote sustainable growth, Vanuatu’s ambitious banking sector is on its way to becoming a financial hub in the Pacific Islands.
Bank Name | Headquarters | Bank Sector | Bank Revenue(VUV) | Bank Revenue(USD) | Contact Details |
Bank of South Pacific | Port Vila, Vanuatu | Commercial Bank | 890million | 7.31million | +675 3201212 |
National Bank of Vanuatu | Port Vila, Vanuatu | Commercial Bank | 12.8 million | 0.106 million | 678 22 084 |
Westpac Bank Vanuatu | Port Vila, Vanuatu | Commercial Bank | 7.2 billion | 0.057billion | +678 22201 |
ANZ Bank Vanuatu | Port Vila, Vanuatu | Commercial Bank | 7,098 million | 58.35million | +678 26355 |
Bred Bank Vanuatu | Port Vila, Vanuatu | Commercial Bank | 5.6 Million | 0.049Million | +678 29111 |
China Civil Engineering Construction Corporation Bank | Port Vila, Vanuatu | Construction Corporation | 110.69 Billion | 0.912Billion | 61417007792. |
Vanuatu’s surprisingly strong banking sector fuels the economy. The Reserve Bank ensures stability, and banks offer a wide range of services. Despite its size, the sector is innovative and adaptable. With a focus on regulation, infrastructure, and growth, Vanuatu is on track to be a Pacific Island financial hub.