MG Commercial Bank Limited
Chief Executive Officer: Mr. Danny Seah Sui Liang
Director: Mr. Jimmy Taseru
Address: First Floor The Vila Mall
P.O.Box 100
Port Vila
VANUATU
Telephone: (678) 27777
Vantu Bank Limited Contact
Director: Mr. Bill Dalzell
Address:Vantu House, 133 Santina Parade, Elluk P.O.Box 79
Port Vila,
Vanuatu
Telephone: (678) 22994
Facsimile: (678) 22997
Email: info@vantubank.com
Website: www.vantubank.com
Pacific Private Bank Limited Contact
Managing Director: Martin Saint-Hilaire
Address: P.O. Box 278
Port Vila,
Vanuatu
Telephone: (678)24500
Facsimile: (678) 24501
Email: martin.st-hilaire@pacificprivatebank.com
Website: www.pacificprivatebank.com
Asia Merchant Bank Limited Contact
Director: Mr. George Andrews
Address: P.O.Box 3010
Port Vila,
Vanuatu
Telephone: (678) 29388
Facsimile: (678) 29389
Email: gandrews@bankamb.com
Branches of Foreign Banks
One major branch of foreign banks:
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Exchange Rates
Countries: Date: 11-May-2021
USD 106.83
JPY 0.9814
NZD 77.61
GBP 150.86
AUD 83.68
EUR 129.60
Key Indicators
INFLATION
March 2020 - 3.0%
March 2020(Year Average) - 2.9%
GDP
Real GDP Growth 2018 - 2.9%
Source: VNSO
FOREIGN RESERVES
Months of Import:
March 2020 - 13.0%
LIQUIDITY MARCH 2020
Excess Reserve - 30,319.2 MVT
MONEY & CREDIT (MARCH 2020)
Money Supply (M2) - 95,772.5 MVT
Net Foreign Assets - 69,508.1 MVT
Domestic Credit - 44,444.8 MVT
Private Sector Credit - 59,974.7 MVT
Narrow Money (M1) - 64,175.9 MVT
INTEREST RATES (MARCH 2020)
RBV Policy Rate - 2.25%
91 Day RBV Notes - 0.1%
Weighted Average Deposit Rate - 0.7%
Weighted Average Lending Rate - 9.8%