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Financial Intermediation in Small Island Developing Economies

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Foreign Financial Intermediaries in Small Island Developing Economies

A bird's eye view of the financial sectors in all the sample countries is presented in Table 3. Of particular note is the fact that only Hong Kong and Singapore have any private joint stock domestic commercial banks. Barbados, Fiji and Papua New Guinea each have one government-owned domestic commercial bank and the governments of the Solomon Islands and Western Samoa have both participated with a foreign commercial bank in the establishment of one domestic commercial bank.

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