The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 October 1966Vol. 37, No. 10

Needs In Cook Is.

p. 143 · Read in the full issue

Inquiry Into Bank Needs In Cook Is.

Mr. I. Pullar, a senior official of the National Bank of New Zealand, arrived in Rarotonga in August at the invitation of the Cook Islands Government to study the feasibility of estab lishing a trading bank in Raro tonga.

Lack of banking and credit services have retarded the pro gress of economic development in the Group for many years, “PI M’s” Rarotonga corres pondent says. It is hoped that a trading bank will be estab lished.