HONOLULU — Bank of Hawaii, the flagship subsidiary of Pacific Century Financial Corp., announced late Thursday that it had sold its stakes in two Pacific Rim banks to Australia’s Westpac Banking Corp.

The sale of a 30% stake in the Bank of Tonga, and a 42% stake in the Samoa-based Pacific Commercial Bank marks the third divestiture made by Pacific Century since early November, when it appointed a new chief executive officer.

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