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Offshore news !

Vanuatu To Join The World’s Optical Fibre Internet Backbone

As part of the Government Vanuatu’s commitment to encourage the development of e-business and IT infra- structure, the Vanuatu Government has thrown it’s full support behind the current Joint Venture project between Interchange Limited, a Vanuatu local IT company and Alcatel-Lucent, the giant French telecommunications company to deploy Vanuatu’s first international submarine cable system linking Port Vila, the capital of Vanuatu, to Suva, Fiji.

Scheduled for completion in mid 2012, this new system will deliver faster, more efficient and cost-effective Internet connectivity to the pacific island nation, while removing the current dependence on satellite and strengthening Vanuatu’s competitive position as an e-business hub.

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BRED (Vanuatu) Limited

BRED (Vanuatu) Limited
CBD Lini Highway,
PMB 9088,
Port Vila, Vanuatu.
Tel: +678 29111
Fax: +678 29003
Website: www.bred.vu

BRED (Vanuatu) Limited is part of the second largest banking group in France, ‘Banque Populaire’, which also has outlets in New Caledonia, Tahiti and now Vanuatu. Servicing mainly the Francophone population of Vanuatu, they do have English speaking staff to service their English speaking clients.

BRED is the ‘New Kid on the Block’ having recently established a presence in 2008. Since then they have made their mark on the local banking industry.

State of Art facilities such as Debit cards and internet banking are available. Being a newly established bank, these 2 facilities are limited in scope at present however it’s just a matter of time before they are up there with the other boys.