View 3rd Qtr 2012 Guam Business Activity Report (pdf, 6.86 kb)

(Hagåtña, Guam, October 17, 2012) –The 2012 third quarter First Hawaiian Bank Business Activity Report (BAR) for Guam showed an increase of 7.99 percent in "same store" credit and debit card sales transactions over the third quarter of 2011, according to Laura Dacanay, First Hawaiian Bank senior vice president and region manager, Guam and CNMI.

"Our Guam BAR showed double digit growth in restaurants, travel activities and hotels sectors which is further indication that Guam's tourism sector continues to improve with increased visitor arrivals," stated Dacanay. "Restaurants top the list with the biggest gain of 23.78 percent over prior year same store sales, followed by Travel Activities with 18.35 percent and Hotels posting16.57 percent. "

The Guam BAR tracks credit and debit card sales activity in 10 different economic sectors including retail, hotel, home improvement, restaurants, and travel activities, among others.

First Hawaiian Bank is a major card processor of debit and credit card sales transactions. In 2011, the bank processed over $4.1 billion worth of credit and debit card sales transactions in Hawaii, U.S. Mainland, Guam and CNMI, an 8.0 percent increase over 2010.

First Hawaiian Bank (www.fhb.com) with assets of some $16.1 billion, was founded in 1858 and is the largest and oldest bank in Hawaii. First Hawaiian Bank has over 7,500 merchant locations throughout Hawaii, U.S. Mainland, Guam and CNMI and processes all major U.S. credit cards as well as JCB, China Union Pay and BC Global.