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List of Banks in Fiji

Published by Gbaf News

Posted on June 14, 2012

1 min read

· Last updated: December 7, 2018

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Reserve Bank of Fiji
National Bank of Fiji
Colonial National Bank
ANZ (Fiji)
Fiji Development Bank
Westpac (Fiji)

Key Takeaways

  • Fiji’s central bank is the Reserve Bank of Fiji, headquartered in Suva.
  • Major commercial banks include ANZ Fiji, Westpac, Bank of Baroda, BSP, and Fiji Development Bank.
  • Colonial National Bank ceased operations in 2009 after acquisition by Bank South Pacific.
  • ANZ and Westpac hold a dominant share of Fiji’s banking market, providing extensive branch networks.
  • Fiji Development Bank specializes in SME and rural financing, partnering with commercial banks.

References

Frequently Asked Questions

What is the central bank of Fiji?
The Reserve Bank of Fiji is the central bank, responsible for monetary policy, currency issuance and financial sector regulation.
Which are the major commercial banks operating in Fiji?
Major commercial banks are ANZ Fiji, Westpac, Bank of Baroda, Bank South Pacific (BSP) and Fiji Development Bank.
What happened to Colonial National Bank?
Colonial National Bank was acquired by Bank South Pacific in 2009 and rebranded under BSP.
What role does Fiji Development Bank play?
Fiji Development Bank focuses on development finance, supporting SMEs and rural areas, often through partnerships with commercial banks.

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