FDB
-
Grace Road Group Repays Fiji Development Bank Loan from 2021; New Financing Application Now Under Board Risk Committee Review
Grace Road Group repaid its Fiji Development Bank loan in 2021 and has a fresh application under assessment. MPs pressed for governance safeguards as the bank touts a stricter, committee-led approval process.
-
Parliament approves $220m guarantee to back Fiji Development Bank, easing funding costs and boosting lending to agriculture, housing and SMEs
A $220 million government guarantee to back the Fiji Development Bank’s lending could lower funding costs and keep vital finance flowing to agriculture, housing and SMEs. But the move raises questions about fiscal risk, oversight and how public support will steer development priorities.