Vanuatu is
a long-established offshore banking centre, with over 60 banks
either incorporated or registered here.
Vanuatu is
a founding member of the Offshore Banking Supervisors, a group
of 17 jurisdictions which includes the leading offshore jurisdictions
in the world.
While offshore
banks with private owners can still be incorporated in Vanuatu,
as distinct from offshoots of overseas licensed financial institutions,
it is not easy as the ongoing reporting and compliance requirements
are of international standards.
Vanuatu also
offers private banking and offshore deposit acceptance. Vanuatu's
extensive confidentiality laws are designed so your private transactions
do not become public, but the bank handling your affairs will
need full disclosure about yourself if they are going to act for
you.
European Bank
Limited can provide deposit and private banking services, and
has profitably been serving Vanuatu for over a quarter of a century.
It is a wholly-owned subsidiary of European Capital Holdings Corp
LLC of Delaware USA.
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Copyright
© 2000, Pacific Technology Corp This page last updated 15-Jun-2000