Creation of the bank was proposed in March 1994 by Luamanuvae Dick Meredith, a successful Samoan businessman, matai and entrepreneur.
In November of that year a banking license was sought and later granted on 27 February 1995.
[1] He tendered his resignation in 1998 and Poumau Ena Edward Meredith was appointed chairman from 1998 to 2002.
[3] Today the National Bank of Samoa is a thriving and successful bank offering a full range of retail services including savings, lending and international services to its customers.
[1] In 2011 the Papua New Guinea-owned Bank South Pacific made a takeover offer to NBS shareholders.