Company type | Public |
---|---|
Industry | Financial services |
Founded | 1996 |
Headquarters | Apia, Samoa |
Area served | Samoa |
Products | Banking, financial and related service |
The National Bank of Samoa is a locally owned and private bank in Samoa.
Creation of the bank was proposed in March 1994 by Luamanuvae Dick Meredith, a successful Samoan businessman, matai and entrepreneur. [1] In November of that year a banking license was sought and later granted on 27 February 1995. The bank officially opened its doors as the National Bank of Samoa Ltd on 11 December 1996. [2] [3]
The founding chairman was Muagututi’a George Meredith. [2] He tendered his resignation in 1998 and Poumau Ena Edward Meredith was appointed chairman from 1998 to 2002. Oloipola Terrence Betham was chairman until mid-2007, followed by Sili Epa Tuioti. The current chairman is Va’atuitui Apete Meredith. [4]
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. [2]
13°50′05″S171°45′45″W / 13.8347°S 171.7624°W