Posted by : Posted on : 07-Feb-2018

Solomons Provinces lack banking services

Quoting the Solomon Star newspaper – 7 February 2018

“With the exception of Auki and Gizo, the rest of the Solomon Islands provincial centres are without proper banking services.

“The nonexistence of banks is a grave concern for the advancement of business and trade in the provinces.

“Banks are vital for the growth of our provincial economies as they provide the service businesses and people need to keep the provincial centres humming with activities.

“During its provincial tours last year, the staff of the Star’s National Magazine noted that the absence of banking services in the rural areas was more acute than ever before.

“Some banks that have operated branches have decided to pull-out citing high operational cost as reason for closing down.

“One of the worst hit Islands is Savo and Russell.”

Copyright :  Solomon Star.   (All Rights Reserved)


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