- National Bank of Samoa
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The National Bank of Samoa is a locally owned and private bank in Samoa.
History
The idea of forming was first envisaged 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 the 27th February 1995. The bank officially opened its doors as the National Bank of Samoa Ltd on the 11th December 1996.
The founding chairman was Muagututi’a George Meredith. Muagututiá tendered his resignation in 1998 and Pomau Ena Edward Meredith was appointed Chairman from 1998–2002. Oloipola Terrence Betham was chairman until mid-2007. The current Chairman is Sala Epa Tuioti.
Today the National Bank of Samoa is a thriving and successful bank offering a full range of retail services including savings, lending and international services to its customers. It is still 100% locally owned and has seen a significant period of growth over the last two years.
The National Bank of Samoa is now positioned to compete directly with the larger international non-Samoan banks that also operate in the Samoan market.
External links
Categories:- Banks established in 1996
- Banks of Samoa
- Economy of Samoa
- Bank stubs
- Samoa stubs
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