- Friday, August 14, 2009, 22:41
- Aid
Microfinance Focus, Aug. 14, 2009: The Pacific Financial Inclusion Program (PFIP) has given a grant of $212,000 to the National Bank of Vanuatu (NBV) to make banking services more accessible the people of rural Vanuatu.
Over the next three years, NBV’s aim for rural banking and microfinance is to extend its e-banking network to an additional five provincial branches and enable an additional 13,000 rural producers and micro-entrepreneurs to be banked. The PFIP's aid will be used mainly to support NBV’s current investment in IT and communications infrastructure for rural banking.
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