Solomon Islands’ Rarawa praises ‘innovative’ financial inclusion plans

Financing initiative for coconut industry promises to extend “digital banking penetration”

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The Central Bank of the Solomon Islands. Photo: Jenny Scott

"Leveraging the coconut value chain" could prove an innovative and effective method of extending financial services to remote rural areas, Denton Rarawa said on August 15.

The governor of the Central Bank of the Solomon Islands said a new initiative by the Pacific Financial Inclusion Programme and ANZ bank will seek to finance the coconut industry, connecting farmers to the formal financial services sector and extending mobile banking to remote communities in the process.

"If this is successful

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