Economy is moving in the right direction – Minam
When customers are ready to pay back the interest and the principle, it means they are making money and have enough to operate their business and pay back the bank. Th
Tag: FDB
About 99.9% of FDB customers have come out of the grace period for loan repayment – Minam
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
Women entrepreneurs can expect more FDB products targeted for them as only about 12% of their customers are women
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. Th
FDB to provide up to $10 million for environment friendly projects under the Green Climate Fund
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 f
FDB and Govt assist Ratu Naevo Farms Cooperative Limited with tractor worth $77,200
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 acqui
FDB launches loan package for small and medium enterprises
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 m
More than $60 million disbursed by FDB to assist businesses affected by COVID-19
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. $
Motion passed for parliament to guarantee FDB loans
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. The
FDB to soon announce their relief assistance program to assist customers impacted by TC Cody
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 an
Sayed-Khaiyum to table two motions in Parliament today for increased Government guarantees for Fiji Airways and Fiji Development Bank
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
30 agro-businesses can now access loans of upto $250,000 from FDB
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 loa
FDB puts temporary pause on receiving new COVID-19 Recovery Credit Guarantee Scheme applications
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 p
$21 million in loans have been approved by FDB for 1,100 applicants
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 approv
Saud Minam appointed as the new CEO of FDB
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 ran
FDB announces TC Yasa relief packages
The Fiji Development Bank has rolled out its Customer Relief and Rehabilitation Financing Assistance Packages for Fijian farmers and businesses affected by Tropical Cyclo