The Pacific Islands Working Group (PIWG) was formed in 2009 at the request of the central banks of Fiji, Samoa, Solomon Islands, Vanuatu, Papua New Guinea and Timor-Leste.
The National Reserve Bank of Tonga joined in 2012. The region has one of the highest unbanked rates in the world due to unique challenges such as geographically dispersed islands, low population density and underdeveloped physical and banking infrastructure.
The PIWG focuses on addressing these challenges.
© Alliance for Financial Inclusion 2009-2024
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