The Fiji Development Bank (FDB) has recently achieved notable recognition at the 2025 Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The bank was honored in the ‘Local Economic Development’ category during ADFIAP’s 48th annual meeting held in Muscat, Oman.
In an announcement this week, FDB attributed this accolade to its innovative project, “The FDB Leveraging its Financial Instruments through Stakeholder Collaboration.” This initiative underscores FDB’s dedication to fostering sustainable economic growth and promoting inclusive development within local communities.
The importance of development banks like ADFIAP, which comprises 97 member institutions across 42 countries, cannot be overstated. Such organizations serve as central hubs for development banks and financial institutions engaged in financing projects in the Asia-Pacific region. The recent awards recognized the exemplary achievements and impactful efforts of these institutions across the region.
FDB’s general manager for relationships and sales, Titilia Kamil, expressed her pride in representing FDB at the event and emphasized that this award is a testament to the meaningful impact the bank has on local communities. Kamil stated, “This recognition serves as clear proof that our work within local communities is making a meaningful impact and lays a strong foundation for continued progress and inclusive development.”
She highlighted that the initiatives implemented by FDB support local businesses and rural communities, showcasing that effective financing can uplift the lives of everyday Fijians. Kamil further acknowledged the vital support from FDB’s stakeholders, government, and customers in driving developmental progress in Fiji.
This award not only celebrates FDB’s commitment to positive change but also sets a hopeful trajectory for continued economic empowerment within Fiji, paving the way for enhanced community wellbeing and development. Such recognition serves to inspire other institutions to pursue sustainable initiatives and collaborative efforts that can lead to renewed growth and resilience within communities.
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