34 articles tagged "fdb"
About 99.9% of Fiji Development Bank customers have come out the grace period for loan repayment and are at least paying their monthly interest rates. FDB’s CEO, Saud Minam says of the $200 million allocated for
Women entrepreneurs can expect a product targeted for them from Fiji Development Bank in the next month or so as only about 10% to 12% of FDB customers are females. This has been highlighted by FDB CEO, Saud Minam
Up to $10 million per capital project will be provided by the Fiji Development Bank under the Green Climate Fund at an interest rate of 5% per annum for any environment friendly projects. This follows the announcem
Ratu Naevo Farms Cooperative Limited has been assisted with a new tractor worth $77,200 by the Fijian Development Bank and the Fijian Government. The tractor was acquired through a grant of $51,466 from the Ministr
There is some good news for small and medium enterprises as the Fiji Development Bank has today launched a sustainability loan package designed to expand, refurbish and maintain existing SMEs. Any business, farmer
The Fiji Development Bank has disbursed nearly $60 million to a record number of businesses affected by COVID-19 under the COVID-19 Recovery Credit Guarantee Scheme. $28 million was disbursed to restaurants, hotels
A motion for the Government to guarantee borrowings of the Fiji Development Bank from 1st March this year to 28th February next year has been passed in parliament. There was opposition to the motion and parliament
The Fiji Development Bank is working on a relief assistance program for their customers to recover from the damages sustained by Tropical Cyclone Cody and will make an announcement soon. CEO, Saud Minam says they h
Minister for Economy, Aiyaz Sayed-Khaiyum will table two motions in Parliament today for increased Government guarantees for Fiji Airways and Fiji Development Bank after the election of the country’s new President.
30 commercial farmers and agro-processors who previously lacked access to financing will now be able to expand their business by investing through an equity grant and loan package provided by the Fiji Development Bank a
The Fiji Development Bank is putting a temporary pause on receiving new applications for the COVID-19 Recovery Credit Guarantee Scheme from 4pm on Tuesday to allow the processing of the thousands of applications receiv
The Fiji Development Bank has so far received more than 3,000 applications under the COVID-19 Recovery Credit Guarantee Scheme whereby 1,100 applications have been approved valued at $21 million. This has been high
Former ANZ Fiji and Pacific CEO, Saud Minam has been appointed as the new CEO for Fiji Development Bank. FDB Board Chairman, Andre Viljeon says Minam’s wide ranging experience in commercial and consumer banking,
The Fiji Development Bank has rolled out its Customer Relief and Rehabilitation Financing Assistance Packages for Fijian farmers and businesses affected by Tropical Cyclone Yasa to rebuild their livelihoods. Acting
