CBA to sell Fijian business

The West Australian June 25, 2009, 12:45 pm

Commonwealth Bank is in talks to sell its Fijian banking and insurance business to Bank of South Pacific.

CBA said in a statement today that Bank of South Pacific had made an indicative non-binding offer and was about to commence due diligence on the businesses.

Bank of South Pacific is Papua New Guinea's biggest bank.

AAP

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