Vanua Levu Gets Its
p. 85 · Read in the full issue
First Bank
SUVA, June 13.
ON June 12, Vanua Levu, Fijis second largest island, acquired its first bank. The Suva branch of the Bank of New Zealand opened an office at Labasa with Mr. B. H.
Smith, formerly an accountant in the Suva office, in charge.
The CSR Co. has a sugar-mill at Labasa and there is a large Indian population in the area. In addition, Vanua Levu produces a substantial part of Fiji’s copha output. A bank has long been needed.
There is a peculiar rumour—quite scandalous, of course —that the
BNZ popped in to forestall a move by the New South Wales opposition. —As if the BNZ would!