01/11/2026
Hae Komisin blong Vanuatu igkad blong save attendem Update blong CBR project ya long Suva long las Tasdei 29 Ocktoba.
Long update ya, Manager blong Project Managemen unit Hemi talem sei Vanuatu ineed blong appointem wan Kaontri Kodineita quick time blong lukoutem ol wok. Ig*t Solomon Islands nomo wetem Vanuatu ino appointem yet wan Kaontri Kodineita .
Ig*t update rubbing ol narafala wok wei project hemi stap karem out.
The Project Coordinator of the Pacific Strengthening Correspondent Banking Relationships (CBR) Project, Mr Ajay Jagannath and his team hosted the Ambassadors and High Commissioners including Acting High Commissioners and representatives of the Pacific Islands Diplomatic Missions representing the Project’s participating countries based in Suva, Fiji to a briefing held at the CBR’s respective office based at the Pacific Islands Forum Secretariat (PIFS) on Tuesday 27 October 2026.
The Pacific CBR Project is a regional initiative implemented by PIFS with support from the World Bank. The Project is being implemented across eight Pacific countries: Fiji, Samoa, Tonga, Vanuatu, Republic of the Marshall Islands, Tuvalu, Kiribati and Solomon Islands, and works with participating countries to address correspondent banking challenges, strengthen access to international financial services, enhance Anti-Money Laundering (AML)/Combating the Financing of Terrorism (CFT) compliance capabilities, and support the resilience and integrity of financial systems across the region.
Since its commencement, the Project has advanced a range of initiatives, including regulatory and supervisory capacity building; engagement with financial institutions and international partners; work towards potential regional solutions to correspondent banking challenges; and measures to sustain and strengthen access to cross-border payment services for Pacific communities and businesses.
A briefing session was conducted to update the representatives of the Project participating countries on the key achievements, current activities and priorities for the period ahead. During the presentation, an informal exchange of views was expressed by Pacific Islands Head of Diplomatic Missions and representatives, acknowledging the briefing, followed by views on correspondent banking developments and other issues of importance to participating countries.
After the briefing, the Pacific Islands Heads of Diplomatic Missions and representatives were treated to an engagement lunch.
