08 November 2010
Accessing services from the Fiji Development Bank just got easier for people living in Bua and Taveuni with the opening of an additional two branches by the FDB at Nabouwalu and Somosomo.
Nabouwalu Branch (in Bua) and Taveuni Branch bring to 11, the number of branches operated by FDB around Fiji.
“We are pleased to be take much needed financial services to Bua and Taveuni where undoubtedly it will do much to improve livelihoods and stimulate the local economies particularly in the resource-based sectors,” says chief executive officer Deve Toganivalu.
“The additional branches are something that we have worked on for the past year and finally it is becoming a reality. I know the people in Bua and Taveuni are as excited as we are to finally offer them full banking service instead of the agency service provided
previously.”
Undertaken at an annual cost of $0.7million, Nabouwalu and Taveuni were serviced previously through agency visits from the Bank’s Seaqaqa and Savusavu Branches respectively. Nabouwalu Branch is located in at the former Government Supply Building in Nabouwalu and the Taveuni Branch is located at the MH store in Somosomo.
The official opening for the two branches is expected to take place before the end of the year.
Appointed to head the branches are Tevita Turagatani as Senior Business Manager Nabouwalu and Lusiana Qeleni as Senior Business Manager Taveuni. They each have seven and 10 years lending experience with the Bank respectively.
The branches can be contacted at:
Nabouwalu Branch
PH: 828 0400
FAX: 828 0401
P.O.Box 51
Nabouwalu, Bua.
Taveuni Branch
PH: 888 0084
FAX: 888 0057
P.O.Box 215
Waiyevo, Taveuni.
FDB focuses its lending to people interested in developing, setting up or expanding their business enterprises in the agriculture; manufacturing; transport, communications and storage; and mining and quarrying sectors. The Bank is also interested in developing micro, small and medium enterprises in the wholesale, retail, hotels and restaurants as well as the professional and business service sectors.
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