International Bank in Vanuatu for sale

Vanuatu has a regulatory framework set aside for international banking institutions. Buying a bank that already exists can give investors a corporate structure that is already established and a regulatory framework within which to carry out international financial activities.

Key details

• Licence type: International Banking Licence (active)
• Jurisdiction: Vanuatu
• Supervisor: Reserve Bank of Vanuatu
• Founded: 2018
• Approximate figures: share capital USD 1 million, annual turnover USD 900,000–1.5 million, net profit USD 120,000–220,000
• Currencies: USD, EUR and AUD
• Clients: international corporate clients
• Core banking system: up and running
• Payments: SWIFT and correspondent banking in place; Visa and Mastercard through payment partners

Banking and payments

The bank’s international banking structure handles corporate banking, international payments and transactions in several currencies.

Activities

• Banking for corporate clients
• Deposit-taking and lending
• Foreign exchange and international payments
• Trade finance and payment services

Advantages

• An International Banking Licence
• A regulated structure already in place, in an established corporate entity
• A focus on international banking
• SWIFT access and correspondent banking
• Operations in several currencies
• A core banking platform already running, and the potential to access banking infrastructure