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National Bank Of Tuvalu
The National Bank of Tuvalu (NBT) is the sole provider in Tuvalu of banking services involving taking deposits, making loans and engaging in foreign exchange transactions. In 2020, its assets were AUD$128 million, or 160% of the GDP of Tuvalu. There is no monetary authority or central bank in Tuvalu. The NBT performs some monetary functions for the government, including the holding of government accounts and foreign assets. The NBT is the only institution in Tuvalu that provides foreign exchange transactions. The NBT buys and sells foreign exchange at rates determined by the board of the NBT, which takes account of the rates quoted in the international markets. The NBT cashes travellers cheques. There are no credit-card facilities or ATMs available in Tuvalu. The Tuvaluan dollar is not an independent currency, but a variation of the Australian dollar. Tuvalu began issuing its own coins in 1976, which circulate alongside Australian coins, and Tuvalu continues to use Australian ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tuvalu
Tuvalu ( or ; formerly known as the Ellice Islands) is an island country and microstate in the Polynesian subregion of Oceania in the Pacific Ocean. Its islands are situated about midway between Hawaii and Australia. They lie east-northeast of the Santa Cruz Islands (which belong to the Solomon Islands), northeast of Vanuatu, southeast of Nauru, south of Kiribati, west of Tokelau, northwest of Samoa and Wallis and Futuna, and north of Fiji. Tuvalu is composed of three reef islands and six atolls. They are spread out between the latitude of 5th parallel south, 5° and 10th parallel south, 10° south and between the longitude of 176th meridian east, 176° and 180th meridian, 180°. They lie west of the International Date Line. Tuvalu has a population of 10,507 (2017 census). The total land area of the islands of Tuvalu is . The first inhabitants of Tuvalu were Polynesians, according to well-established theories regarding a History of the Polynesian people, migration of Polynes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islands Of Tuvalu
Tuvalu consists of nine separate islands: six atolls and three reef islands. An atoll typically consists of several islets: Tuvalu has a total of 124 islands and islets. Each island is surrounded by a coral reef. Tuvalu's small, widely scattered atolls have poor soil and a total land area of only about making Tuvalu the fourth-smallest country in the world. The sea level at the Funafuti tide gauge has been rising at a rate of 3.9 mm per year, and it has been determined that rising sea levels are causing more wave energy to be transferred across reef surfaces, which has tended to push more sand onto island shorelines, increasing islands’ land area. Over a recent four-decade period, there was a net increase in the land area of the islets of 2.9% (73.5 ha), although the changes were not uniform: About 74% of them increased in size and about 27% decreased in size. Islands of Tuvalu The islands of Tuvalu are spread out between the latitude of 5° to 10° south and longitude ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Tuvalu
Tuvalu is a Polynesian island nation located in the Pacific Ocean, midway between Hawaii and Australia, with a population of 11,192 per the 2017 census. The economy of Tuvalu is constrained by its remoteness and lack of economies of scale. Government revenues largely come from fishing licences (primarily paid under the South Pacific Tuna Treaty); direct grants from international donors (government donors as well as from the Asian Development Bank); and income from the Tuvalu Trust Fund. The lease of its highly fortuitous .tv Top Level Domain (TLD) also contributes revenue. The sale of stamps since the independence of Tuvalu in 1976 has been an important source of revenue for the country and government. However, such revenue has significantly declined in recent years. Tuvalu has hardly any tourism. It has no tour guides, tour operators or organised activities and no cruise ships visit. The Tuvalu Trust Fund was established in 1987 by the United Kingdom, Australia and New Zea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BRED Banque Populaire
BRED (formerly acronym for Banque régionale d'escompte et de dépôts / Regional Discount and Deposit Bank) is the most important cooperative bank in France. It was founded in 1919 by Louis-Alexandre Dagot in Vincennes. As of 2018, the Bank has a network of 400 local branches in France. 30% of its 6,600 employees are located outside France and in French overseas collectivities. It has 5.8 billion euros of shareholders equity. Presentation Cooperative bank BRED is governed essentially as a cooperative by the cooperative legislation enacted by the 1947 Act, and as a bank, by the Monetary and Financial Code. The bank refers to the principles laid down by the International Cooperative Alliance, notably on the declaration on cooperative identity. According to the International Association of Cooperative Banks (IACB), a cooperative bank is "a banking entity owned by its members. The latter have the dual status of partners and users, owners and clients of their bank." BRED has 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Hawaii
The Bank of Hawaii Corporation ( haw, Panakō o Hawaii; abbreviated BOH) is a regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that the majority of the voting stockholders reside within the state. Bank of Hawaii has the most accounts, customers, branches, and ATMs of any financial institution in the state (although BancWest's First Hawaiian Bank holds a greater number of dollars in deposits). The bank consists of four business segments: retail banking, commercial banking, investment services, and treasury. The bank is currently headed by chairman, president and chief executive officer, Peter S. Ho. Beginnings In 1893, Charles Montague Cooke (1849–1909) with his brother-in-law Joseph Ballard Atherton and business partner Peter Cushman Jones founded Bank of Hawaii. In 1897, it was chartered in the Republic of Hawaii by Interior Minister James A. King. A decade after its founding, in 1903, the ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. From 31 members at its establishment, ADB now has 68 members. The ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions locate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance Of Tuvalu
The Minister of Finance of Tuvalu heads the Ministry of Finance of Tuvalu. Ministers of Finance *Toalipi Lauti, 1977–1981 *Henry Naisali, 1981–1986 * Kitiseni Lopati, 1987–1989 *Alesana Seluka, 1989–1993 *Koloa Talake, 1994–1996 *Alesana Seluka, 1996–1999 *Lagitupu Tuilimu, 1999–2001 *Saufatu Sopoanga, 2001–2002 *Bikenibeu Paeniu, 2002–2006 *Lotoala Metia, 2006–2010 *Monise Laafai, 2010 *Lotoala Metia, 2010–2012 , *, 2013–2019 * |
Vaiaku
Vaiaku is a village located on the southern coast of the island of Fongafale in the atoll of Funafuti in Tuvalu. There are 516 inhabitants in Vaiaku, according to the census of 2002, out of 4,492 for the whole atoll of Funafuti, which is the official capital of Tuvalu. All the administrative buildings, including the National Bank of Tuvalu, and the only hotel of Tuvalu, Vaiaku Langi Hotel, are located in Vaiaku. It also has Teone Church, which is the only church of the Latin Catholic Mission Sui Iuris of Funafuti. The most prominent building on Funafuti is the ''Fētu'ao Lima'' (Morning Star Church) of the Church of Tuvalu. Climate Vaiaku has a tropical rainforest climate A tropical rainforest climate, humid tropical climate or equatorial climate is a tropical climate sub-type usually found within 10 to 15 degrees latitude of the equator. There are some other areas at higher latitudes, such as the coast of southea ... (Af) with heavy to very heavy rainfall year-round. See ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Funafuti
Funafuti is the capital of the island nation of Tuvalu. It has a population of 6,320 people (2017 census), and so it has more people than the rest of Tuvalu combined, with approximately 60% of the population. It consists of a narrow sweep of land between wide, encircling a large lagoon (''Te Namo'') long and wide. The average depth of the Funafuti lagoon is about 20 fathoms (36.5 metres or 120 feet). With a surface area of , it is by far the largest lagoon in Tuvalu. The land area of the 33 islets around the atoll of Funafuti totals ; taken together, they constitute less than one percent of the total area of the atoll. Cargo ships can enter Funafuti's lagoon and dock at the port facilities on Fongafale. The capital of Tuvalu is sometimes said to be Fongafale or Vaiaku, but, officially, the entire atoll of Funafuti is its capital, since it has a single government that is responsible for the whole atoll. Fongafale The largest island is Fongafale. The island houses four villag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westpac
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed to Westpac Banking Corporation. Westpac is one of Australia's Big Four (banks)#Australia, Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2021, Westpac has 14 million customers worldwide, and employs around 40,000 people. History Established in Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ... in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney's Bank, Gurney, Peckover and Company, united as a joint-stock company, joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first Automated teller machine, cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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