News published on Globe Banner in March 2020

News from March 2020


ANZ CEO discusses financial challenges amid COVID-19

ANZ CEO Shayne Elliott has expressed concerns about the financial future of some businesses and households as Australia's third-largest bank navigates the economic challenges posed by the COVID-19 pandemic.


ANZ supports expanded loan deferrals for COVID-19 impacted businesses

ANZ has expressed approval for new industry-wide measures aimed at supporting businesses affected by the COVID-19 pandemic.


Santander recognized by Euromoney for excellence in private banking services

Santander Private Banking has been recognized by Euromoney magazine as the World’s Best for International Latin American Clients and the Best International Private Bank in Latin America.


Interior funds COVID-19 test kits for Pacific territories

The U.S. Department of the Interior has allocated $858,924 in emergency grant funding to the Pacific Island Health Officers Association (PIHOA) for procuring GeneXpert COVID-19 testing kits and a machine.


Santander announces challenge for startups focusing on circular economy solutions

Banco Santander has announced a new initiative aimed at startups and scaleups that are developing innovative circular economy solutions.


U.S. Embassy issues travel alert amid COVID-19 concerns

The U.S. Embassy in Kolonia, Federated States of Micronesia (FSM), has issued a travel alert advising U.S. citizens to avoid all international travel due to the global impact of COVID-19.


US supports Micronesia's COVID-19 response through partnerships and funding

The United States government and Embassy Kolonia are actively collaborating with the Federated States of Micronesia (FSM) to manage the COVID-19 pandemic.


Smart Traveler Enrollment Program aids U.S. citizens abroad

The Smart Traveler Enrollment Program (STEP) is a free service provided to U.S. citizens and nationals who are traveling or living abroad.


ANZ commits $1.5 million to aid Australia's vulnerable amid COVID-19

ANZ has announced a donation of $1.5 million to support three charity partners in providing additional aid to some of Australia's most disadvantaged communities.


ANZ backs government stimulus plan amid COVID-19 crisis

ANZ has expressed its backing for the Federal Government's latest stimulus package, aimed at assisting businesses and individuals dealing with the impacts of the COVID-19 pandemic.


U.S. Navy aids FSM COVID-19 preparations with construction efforts

In response to COVID-19 preparations in the Federated States of Micronesia (FSM), the U.S. Navy is assisting in constructing a quarantine facility in Pohnpei.


ANZ announces COVID-19 support measures including rate cuts

ANZ has introduced a significant support package for small business and home loan customers, potentially injecting $6 billion into the Australian economy.


COVID-19 travel guidelines updated for U.S.-Guinea Bissau travelers

The U.S. Embassy in Dakar has provided updated information regarding COVID-19 measures affecting travelers to and from Guinea-Bissau.


PIMCO Announces 2024 Managing Directors

PIMCO, a global leader in active fixed income, has announced the promotion of officers to Managing Director status. In a statement, PIMCO Chief Executive Officer Emmanuel Roman and PIMCO Group Chief Investment Officer Daniel Ivascyn emphasized the importance of qualities such as integrity and excellence in the newly appointed Managing Directors. Roman and Ivascyn highlighted the firm's commitment to a diverse talent pool that will benefit clients, the firm, and future generations of talent.Among the newly promoted Managing Directors is Masoud Sharif, who serves as Co-Head...


Verizon partners with Santander Bank to launch high-yield savings account

Verizon and Santander Bank have announced a new partnership to offer Verizon customers a high-yield savings account through Openbank.


ANZ cuts business loan rates amid COVID-19 challenges

ANZ has announced a reduction in variable interest rates for business loans by 0.25% per annum, effective immediately.


Santander invests EUR 166 million globally for community support initiatives

Banco Santander has announced a significant investment of EUR 166 million in community support initiatives during 2024, aiming to assist five million people across the countries where it operates.


U.S. Embassy Kolonia honors FSM women veterans on International Women's Day

On March 6, 2020, the U.S. Embassy in Kolonia organized a lunch event to celebrate International Women’s Day.


Santander and Telefónica announce winners of global customer experience challenge

Banco Santander and Telefónica have announced the winners of their global "New Era of Customer Experience" challenge.


Santander acquires majority stake in Tresmares Capital

Santander has announced its acquisition of 89.9% of Tresmares Capital, following regulatory approval.