Bank of Hawaii - History - Name Change

Name Change

In 1997 Bancorp Hawaii changed its name to Pacific Century Financial Corporation (PCFC). Banque de Nouvelle Calédonie changed its name to Bank of Hawaii—Nouvelle Calédonie. BoH also purchased Banque Indosuez Nuigini in Papua New Guinea from Banque Indosuez and renamed it Bank of Hawaii (PNG) Ltd. In addition to its main office in Port Moresby, Bank of Hawaii (PNG) also had an office in Lae, PNG's second port city on the north-east coast. Indosuez Nuigini was established in 1983 with 49% Indosuez participation, 41.5% Bank of Papua New Guinea, and the remainder public. PCFC acquired California United Bank. Other Pacific Century subsidiaries included First Federal Savings and Loan Association of America (in Hawaii-later merged into BoH), and Pacific Century Bank and Pacific Century Savings in Arizona.

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