31 January 2012
Farms and business affected by the recent floods in the West can call into a Fiji Development Bank branch nearest them to enquire about accessing the Reserve Bank of Fiji’s (RBF’s) Flood Rehabilitation Facility (FRF).
The FRF has been offered previously to businesses affected in the January 2009 Floods and Cyclone Tomas in March 2010.
The FRF is available to affected farmers and businesses at na interest rate of 6% per annum.A maximum loan amount of $500,000 per business can be considered under this facility. To qualify, the farm or business must have existed prior to the floods in January 2012. The affected can access this facility for the following:
a. replacement of flood damaged inventory;
b. repair or replacement of flood damaged plant, equipment
and machinery;
c. restoration of flood damaged buildings including resorts and hotels;
d. replacement of business vehicles damaged by the flood; and
e. Working capital due to loss of sales.
Certain other conditions apply and applicants can discuss with the Relationship & Sales Officers in the respective branches.
This package is effective immediately.
News Archive
Jan
Feb
Apr
May
Jun
Jul
Aug
Sep
Oct
Dec
Jan
Feb
Mar
07/01/2011:
Surf on Turf
20/01/2011:
Mixed Farming Yields Positive Returns
15/02/2011:
FDB hosts road show in Navua
04/05/2011:
FROM LAUTOKA TO LOMAIVUNA
02/06/2011:
Making hay while the sun shines
02/06/2011:
New customer service opening hours
17/06/2011:
Taking the countryside online
24/06/2011:
Savirio makes good
06/07/2011:
Speech by GMBRS, Nafitalai Cakacaka on the ocassion of the signing of the SEFP MOU with the World Bank
20/07/2011:
Shared experience by Wainibuka Secondary school student Aritea Tabucakau on the 2010 Money $mart" task
29/07/2011:
FDB raises $1,180 for the kids with Cancer
04/08/2011:
FDB posts $2.36M profit for 2010
30/08/2011:
2011 Small business awards to inspire innovation
12/10/2011:
Locals Inc. - Jewel Bubble Divers
13/10/2011:
Yaz Benefits from Mixed Farming
20/10/2011:
A Woman in a Man's World
23/01/2012:
Home Loan Interest Rate Reduced
24/01/2012:
Soap Manufacturer Captures Rural Market
31/01/2012:
FDB Offers RBF's Flood Rehabilitation Facility
31/01/2012:
FDB Recognises Enormous Task Ahead
10/02/2012:
Meena's Vision
10/02/2012:
Bank Donates to PM's Flood Relief Appeal
15/03/2012:
Your Home Is Your Security
Jan
Apr
Jul
Sep
Oct
Nov
Dec
22/01/2010:
Chief Guest Speech - SBA Night
01/04/2010:
FDB Receives Dividend From Software Factory
27/07/2010:
New Appointments
27/07/2010:
Two new branches for the North
27/09/2010:
FDB launches 2010 Small Business Awards
29/09/2010:
FDB Posts $3.48M Profit for 2009
22/10/2010:
A FEATURE: KORO- FORNIA DREAMING
08/11/2010:
Branches open their doors
29/11/2010:
CEO's address at the 2010 SBA Awards
29/11/2010:
FDB client turns sacks to riches
Sep
Oct
Dec
Jan
20/10/2009:
FDB launches Small Business Awards for 2009
21/12/2009:
FDB to Assist Affected Farmers
22/01/2010:
CEO's Welcome Speech- SBA Night
22/01/2010:
2009 Small Business Awards Winners
