Plenty of people still prefer to bank via traditional channels. It’s just that their share will continue to dwindle – making structural change an increasingly pressing topic for institutions. I would also recommend harnessing the benefits of swarm intelligence.
BRED Bank viewed Fiji as having a relatively good developed market size, with appealing future economic prospects. The fact that we are being seen more and more as an economic and financial hub in our Pacific region is also extremely appealing. Considering this vision of BRED Bank, let me make some comments on our economy and the near term outlook.