Cook Islands Banking Review by Sam Knowles
The Government recently commissioned Sam Knowles to undertake a review of the Cook Islands Banking system.
The objective in undertaking the review was to define a long term strategy for the provision of banking services for the Cook Islands economy that will on a sustained basis:
• lower the cost of banking for businesses operating in the Cook islands;
• improve the accessibility to banking by Cook Islands businesses and residents;
• provide the banking services necessary to support the major growth sectors of the economy; and
• minimise the need for Government financial support to achieve the above.