During that period, the economy overheated, and later it turned out that some banks had eased their credit conditions far too much. So a rise in lending is not immediately on the cards. Credit institutions operating in such a market should be particularly thorough when assessing potential borrowers. This includes taking into account the fact that house prices can fluctuate considerably.
The Board, Management and Staff are commended for the work done in setting up a fully fledged commercial bank. A bank that will literally start from scratch. Official opening Ladies and Gentlemen, the opening of a new commercial bank in Fiji continues the new era in financial sector development in Fiji.