Port Moresby, PNG: Papua New Guinea’s largest bank, Bank South Pacific could be closed next week by disgruntled union members

Port Moresby, PNG: Bank South Pacific announced that it has launched an issue of mandatory convertible notes to “sophisticated” investors in Fiji.

Manila, Philippines: Asian Development Bank (ADB) Vice-President C. Lawrence Greenwood, Jr. will visit the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands

Rarotonga, Cook Islands: Cook Islands finance minister Wilkie Rasmussen says it’s likely government will no longer approve the planned $37.5 million China soft loan

Port Vila, Vanuatu: Central banks have made a commitment to support each other in building more inclusive financial systems.

Melbourne, Australia: ANZ is closing the gap with its major rivals and extending the positive earnings run of the Australian banks

Majuro, Marshall Islands: The Asian Development Bank’s (ADB) largest loan to the Marshall Islands

Suva, Fiji: People in Fiji have a hard time identifying what their needs and wants are, and that is why so many people end up borrowing

Manila, Philippines: The Asian Development Bank (ADB) Vice-President Lawrence Greenwood  will visit Vanuatu this week to attend the “Pacific Conference on the Human Face of the Global Economic Crisis Conference” in Port Vila.

Suva, Fiji: The ANZ Bank's Asia-Pacific head says he is optimistic about the Pacific Islands ability to respond to the global economic crisis.