Post by Logan on Jun 29, 2016 20:42:42 GMT -6
wo locally-owned banks have signed guarantee and loan agreements with the Asian Development Bank’s (A.D.B) Trade Finance Program (T.F.P).
Held at the Tanoa Tusitala Conference fale yesterday, the signing is a first for the Pacific markets.
The signing means the National Bank of Samoa and the Samoa Commercial Bank get $12millon from T.F.P. annually to support their trade activities.
A.D.B’s head of Trade and Finance, Steven Beck inked the partnership with S.C.B. General Manager, Lemalu Ray Ah Liki, N.B.S. Chief Executive Officer, Tu’u’u Amaramo Sialaoa.
Read more: www.samoaobserver.ws/en/30_06_2016/local/8056/Samoa-banks-score-first-for-Pacific.htm
Held at the Tanoa Tusitala Conference fale yesterday, the signing is a first for the Pacific markets.
The signing means the National Bank of Samoa and the Samoa Commercial Bank get $12millon from T.F.P. annually to support their trade activities.
A.D.B’s head of Trade and Finance, Steven Beck inked the partnership with S.C.B. General Manager, Lemalu Ray Ah Liki, N.B.S. Chief Executive Officer, Tu’u’u Amaramo Sialaoa.
Read more: www.samoaobserver.ws/en/30_06_2016/local/8056/Samoa-banks-score-first-for-Pacific.htm