Forum expands effort to tackle Correspondent Banking challenges across Pacific
Fiji, June 25 -- Forum Secretary General, Baron Divavesi Waqa says the Pacific's Correspondent Banking Relationship (CBR) office is now fully established and working to address banking challenges faced by Pacific countries affected by de-risking measures.
Responding to a question during a press conference on discussions at the 2026 Forum Economic Ministers Meeting (FEMM) about correspondent banking and efforts to tackle the issue, Waqa said ministers remain aware of the difficulties countries face.
"Ministers do realise the difficulties that each and every one of the countries go through with these de-risking and so on and so forth, of banking arrangements," he said.
Waqa said the Forum's CBR team provided ministers and officials with ...
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