Banking
Vantu
Bank
Ltd.
is
a
licensed
Vanuatu
international
private
bank,
founded
in
2013.
It
was
granted
an
international
banking
licence
on
14
th
November
2013.
As
an
international
bank,
it
is
restricted
from
taking
Vanuatu
residents
as
customers
but
it
can
have
other
Vanuatu
international
companies
as
customers
and,
in
all
other
respects,
its
licence
is a full operational banking licence.
Vantu
Bank
operates
globally
via
the
internet
but
has
its
headquarters
at
Vantu
House,
133
Santina
Parade,
Elluk,
Port
Vila,
where
it
also
provides
accommodation
for
the
other
companies in the EDC group.
Vantu Bank develops, offers and provides
professional,
secure, private
services for
specific and
special clients
from around the
world
customised
investment
solutions for
wealth and
asset
management
personalised
private banking
services to
accommodate
the individual
objectives of
every customer
Insurance
EDC
Capital
is
in
the
late
stages
of
preparing
to
form
two
insurance
subsidiaries:
one
will
obtain
a
captive
insurance
licence
in
Vanuatu
and
the
other
a
life
insurance
licence.
The
captive
insurance
company
will
be
a
“protected
cell
company”,
allowing
it
to
effectively
“share”
its
licence
with
clients
who
would
like
to
self-
insure in a cost-effective and tax-efficient manner.
EDC
has
agreed
in
principle
for
the
companies
to
be
managed
by
Vanuatu’s
leading
captive
insurance
operator.
EDC
Passive
Income
Ltd
is
a
subsidiary
of
EDC
and
a
Vanuatu
public
company
that
specialises
in
sourcing
and
promoting
opportunities
to
create
passive
income
streams.
At
the
present
time,
its
activities
are
restricted
to
placing
funds
in
our
associated
forex
fund
operated
by
our
associate,
FTM-OP
Ltd
(see
“
Investment
Funds
”
page).
EDC
Passive
Income
will
carefully
vet
and
select
other
opportunities
with
emphasis
on
innovative
and
environmentally
friendly
technologies
and
financial
offerings.
Passive Income
EDC Capital Ltd.
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Tel: +678 22994