Commercially Oriented State-Owned Banks Can Help Fill Pacific Business Financing Gap — ADB

FDB Welcomes ADB’s Finding Balance Report

Download Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific 

Commercially oriented state-owned banks can help provide much-needed financing for businesses in the Pacific, but only if they strictly adhere to commercial principles and regulations, says a new Asian Development Bank (ADB) report.

Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific profiles the roles, performance, market context, and regulatory frameworks of 13 state-owned banks in 10 Pacific countries. It examines when and how state-owned banks can deliver domestic financial services on commercial terms, without distorting local markets.

The Fiji Development Bank has welcomed the 2019 Finding Balance report commissioned by the Asian Development Bank.

FDB CEO Mark Clough says some of the findings of the report was a pleasant surprise, seeing how compliant the FDB is, in comparison to other international outstanding development banks.

Download Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific 

 

 

 

 

Related News:

FDB welcomes ADB’s Finding Balance report 
State owned banks can assist government’s development agenda (FBC News)
ADB commissions a study profiling State-Owned Banks (FBC News)
FDB highly praised (Fiji Times)