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Amerika Samoa Bank (ASB) was a financial institution established in 1979 in American Samoa and the second-largest bank in the territory [1] with a 44 percent market share.At one point, it had one overseas branch in Honolulu that it opened in 1997 to serve Samoans in Hawaii.
These also occupy 14 percent of American Samoa's total workforce as of 2014. [179] The most industrialized area in the territory can be found between Pago Pago Harbor and the Tafuna-Leone Plain, which also are the two most densely populated places in the islands. [180] American Samoa was the world's fourth-largest tuna processor in 1993.
The Territorial Bank of American Samoa (TBAS) is a state-owned, state-run financial institution based in Pago Pago, American Samoa. It is one of only two government-owned general-service banks in the United States. [3] The bank was established in response to an announcement in 2012 from the Bank of Hawaii that it planned to leave the territory.
The president, Development Bank of BRICS Countries, Shri K.V. Kamath calls on the prime minister, Shri Narendra Modi, in New Delhi on May 28, 2015. On 11 May 2015, K. V. Kamath was appointed as the president of the bank. [9] The 7th BRICS summit in July 2015 marked the entry into force of the Agreement on the New Development Bank. On 27 ...
A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country.
In 1914 Governor C. D. Stearns established the bank in American Samoa, [1] [2] with its headquarters at Pago Pago. On 25 July 1929, under the direction of Governor Stephen Victor Graham, the bank received a more solid legal foundation . [3] In 1969 Bank of Hawaii (BOH) acquired the bank, which at the time had three branches.
Moliga resigned as the president of the Development Bank of American Samoa (DBAS) to focus on his gubernatorial campaign. [ 5 ] Moliga faced five other candidates in the 2012 gubernatorial election on November 6, 2012 [ 7 ] and received the most votes, but not more than the 50% required to win.
Lolo Letalu Matalasi Moliga, president of the Development Bank of American Samoa Running mate: Lemanu Peleti Mauga, territorial Senator [9] Faoa Aitofele Sunia, Lieutenant Governor of American Samoa since 2003, affiliated with the Democratic Party. Running mate: Taufete'e John Faumuina, Jr., former director of Economic Development [10]