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Apia, Samoa: Established: 25 February 1984: Ownership: 100% state ownership [1] Governor: Atalina Ainuu-Enari: Central bank of: Samoa: Currency: Samoan tālā WST Reserves: 120 million USD [1] Website: www.cbs.gov.ws: Other Samoan currency symbols used also include SAT, ST or T.
Creation of the bank was proposed in March 1994 by Luamanuvae Dick Meredith, a successful Samoan businessman, matai and entrepreneur. In November of that year a banking license was sought and later granted on 27 February 1995. The bank officially opened its doors as the National Bank of Samoa Ltd on 11 December 1996. [1] [2]
Westpac offered Samoan investors, who held the remaining shares, the same price it had paid Bank of Hawaii. Westpac now owns 93.5% of Westpac Bank Samoa and Samoan companies and individuals own 6.5%. In Tonga, Bank of Hawaii sold its shares in Bank of Tonga to Westpac, giving Westpac 60% ownership of what is now Westpac Bank of Tonga.
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National Bank of Samoa This page was last edited on 18 January 2020, at 21:27 (UTC). Text is available under the Creative Commons ... By using this site, ...
In 1980, a $5 note was issued shortly after the "Monetary Board of Western Samoa" was created. Beginning in 1985, the new Central Bank of Samoa followed issued notes like the preceding issue from the Monetary Board of Western Samoa, but with the new issuer's name in both Samoan and English. The $1 note was discontinued, and new denominations of ...
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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 .