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Nauru trying to attract a commercial bank operator.
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Reports from Radio Australias Pacific beat.
28 AUGUST 2008 YAREN (Pacnews) ------- Nauru is probably the only country in the world without a bank. With its phosphate industry again growing rapidly, it has launched a campaign to attract a commercial bank to its shores. Nauru's Finance Minister, Kieran Keke, says he would like to see a bank open its doors tomorrow.
Nauru has been without a bank since the collapse of the Bank of Nauru earlier this decade.
Nauru finance minister, Kieran Keke, said this creates serious problems.
For government ...
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Newspaper article from: The Mirror (London, England)
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