Pacific Banking Forum co-hosted by Australia and US in Brisbane addresses dwindling banking services in the Pacific region.

The Pacific Banking Forum, co-hosted by Australia and the US in Brisbane, is tackling the issue of dwindling banking services in the Pacific region. Financial institutions worldwide are reducing or withdrawing services, leading to a focus on finding solutions to maintain a sustainable financial system in the region. The forum, attended by 300 participants, including Pacific leaders and commercial bank representatives, will discuss the causes behind withdrawing correspondent banking relationships and explore ways to address the issue.

July 07, 2024
8 Articles

Further Reading