A new ATM point has been opened in a busy commercial area outside of Nuku'alofa by the Bank of South Pacific, to cater for the people on the eastern and central districts in Tongatapu.
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Tuesday 22 November 2016
A "hopeless" statement of claim filed by the Pacific International Commercial Bank Ltd (PICB) against the National Reserve Bank of Tonga (NRBT) was struck out by the Lord Chief Justice, who awarded the Reserve Bank indemnity costs in a Supreme Court civil ruling.
Thursday 28 July 2016
The Pacific International Commercial Bank (PICB), a Chinese-Tongan venture had its license revoked by the National Reserve Bank of Tonga Board of Directors on Tuesday, 26 July. The bank when opened two years ago had a board of six people, four from China and two from Tonga.
Thursday 31 March 2016
Up to half a million pa’anga of “unclaimed” money held in bank accounts at the Bank of the South Pacific in Nuku’alofa will be swallowed up by the government in June if the amounts are not claimed by the owners soon. Several accounts belonging to the King of Tonga, as well as an Emergency Relief Trust Fund, a private retirement fund, and funds belonging to societies and groups such as the Tonga Society of Accountants, the Sisters of Mercy, the Ferry Princess Ashika Vava’u Victims Fund, the Friendly Island Teachers Association, and numerous PTA accounts, along with those of individuals and a few companies, will be included in a mass transfer of funds if unclaimed.
Wednesday 1 July 2009
The ANZ Bank in Tonga has opened a new retail branch in central Nuku'alofa, in a development project with Fund Management Ltd. that is bringing commercial life back to an area of the capital destroyed in the riots of 2006.