The Government of the Republic of Nauru

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Nauru bank a big hit

Nauruans have answered the country's call by enthusiastically supporting the island's first bank in fifteen years.
 
When he proudly opened the bank recently in his acting role as President, David Adeang urged people to "do it for their country" and, for those with bank accounts overseas "consider where your loyalties should now lie," - a clear appeal to support Bendigo Bank.
 
"We have had about 300 new accounts set up since the doors opened on June 2 which has been a fantastic show of support," said the bank's general manager Greg Watson.
 
"Finally locals have somewhere to keep their money safe and secure while also earning a return on their savings."
 
The Bendigo Bank agency is run by four full-time staff, including three locals who were sent to Bendigo in Victoria for intensive training.
 
"My team has done a first rate job, dealing with the hundreds of new inquiries while answering questions from many who can't recall the last time a bank operated on Nauru."
 
The agency's automatic teller machine (ATM) has been installed and comes online soon while the bank has also taken over the ownership of another similar ATM on the island at the Capelle and Partner store.
 
Another exciting product available to customers shortly will be a MasterCard debit card which can be used overseas, including Australia.
 
The bank's manager Greg Watson is a thirty year veteran of the finance industry and ran a similar operation in Fiji for more than five years.
 
"My wife and I are delighted to be able to come to Nauru to undertake this worthwhile role. We have received a warm welcome and are committed residents now. We look forward to joining in and being a part of the community," beamed Mr Watson.