Board of Directors
- Tamaleta Taimang Jensen (Chairperson)
- Fuimaono Vaitolo Ofoia
- Fuimaono Beth Onesemo
- Peseta Peter Tone
CEO:
Vacant
Purpose
The Bank was established to promote the advancement of the Samoa economy through delivery of credit lending facilities to viable development projects. The Bank continues to provide focus to achieve their linked Vision and Mission statements as stated below:
Vision and Mission
- Vision Statement: “To be a sustainable and successful financial institution meeting stakeholders’ expectations”
- Mission Statement: “We provide affordable credit financing services to support sustainable development in Samoa”
Financial Highlights
| Financial Key Performance Indicators | 2016 | 2017 | 2018 |
|---|---|---|---|
| Revenue (SAT m) | 9.64 | 10.9 | 8.43 |
| Expenditure (SAT m) | 9.17 | 11.1 | 10.8 |
| NPAT (SAT m) | -0.82 | 0.07 | -2.10 |
| ROE | -0.02% | 0.18 | -3.9 |
| Current Ratio | 1.23 | 1.39 | 1.40 |
| Cash flow (SAT m) | 2.89 | 6.40 | 6.62 |
| Non-Financial KPIs | |||
| Loan Approval (Number) | 347 | 1,466 | 887 |
| Loan Approval (Value, SAT m) | 27.30 | 13.4 | 5.41 |
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