This small-scale capacity development technical assistance (S-CDTA) is included in ADB's Vanuatu Country Operations Business Plan 20132015. It is consistent with ADB's Vanuatu Country Partnership Strategy 20102014 and ADB's Pacific Approach 20102014.
As an archipelago of 83 islands, 67 of which are inhabited, Vanuatu faces challenges to provide access to financial services to the majority of its 250,000. Based on 2011 figures, it is estimated that only 19% of the population has access to formal or semi-formal financial services. Approximately 75% thereof live in rural and remote areas. The services of the four commercial banks (ANZ, Westpac, BRED, and National Bank of Vanuatu (NBV)) concentrate on urban centres and leave rural areas mainly without banking facilities.
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