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fdb-home
  • Home
  • About FDB
    • Corporate Profile
    • Development Financial Institution (DFI) Role
    • Our Mandate & Target Sectors
    • Corporate Governance
    • Our Board Of Directors
    • Executive Team
  • Product
    • Small & Medium Business Loans
    • Working Capital Loan
    • Horticulture, Grains & Pulses Farming
    • Livestock Farming
    • Poultry Farming
    • Root Crops, Ginger, Vegetable & Fruit Farming
    • Farm Development Loan
    • Purchase of Farm Land
    • Farm House Construction Loan
    • Farm Land Sub-division Loan
    • Farm Vehicles, Machinery, Implements & Equipment Loan
    • Fishing Loans
    • Sugar Cane Farming
    • Broiler – Small Holder Chicken Farm
    • Building Construction
    • Commercial Property Loan
    • Transport – Freight Purposes
    • Commercial Loans
    • Purchase of New Vehicles, Plant and Equipment
    • Bus Loans
    • Minibus Loans
    • Taxi Loans
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    • Agriculture Family Loan Facility – Grow As A Family
    • Yaubula Term Deposit
    • Climate & Eco-Finance
    • Rice Mobility Package
    • Small and Medium Enterprise Sustainability Package
    • Ginger Loan Facility – Agriculture Value Chain
    • FDB Loan for Women Entrepreneurs
    • Sugarcane Farmers Special Loan Facility
    • Dairy Farming Loan- Agriculture Value Chain
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    • Livestock Farming
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    • Farm Development Loan
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    • Farm House Construction Loan
    • Farm Land Sub-division Loan
    • Farm Vehicles, Machinery, Implements & Equipment Loan
    • Fishing Loans
    • Sugar Cane Farming
    • Broiler – Small Holder Chicken Farm
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    • Commercial Property Loan
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  • Home
  • About FDB
    • Corporate Profile
    • Development Financial Institution (DFI) Role
    • Our Mandate & Target Sectors
    • Corporate Governance
    • Our Board Of Directors
    • Executive Team
  • Product
    • Small & Medium Business Loans
    • Working Capital Loan
    • Horticulture, Grains & Pulses Farming
    • Livestock Farming
    • Poultry Farming
    • Root Crops, Ginger, Vegetable & Fruit Farming
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    • Purchase of Farm Land
    • Farm House Construction Loan
    • Farm Land Sub-division Loan
    • Farm Vehicles, Machinery, Implements & Equipment Loan
    • Fishing Loans
    • Sugar Cane Farming
    • Broiler – Small Holder Chicken Farm
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    • Agriculture Family Loan Facility – Grow As A Family
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    • Ginger Loan Facility – Agriculture Value Chain
    • FDB Loan for Women Entrepreneurs
    • Sugarcane Farmers Special Loan Facility
    • Dairy Farming Loan- Agriculture Value Chain
    • Small & Medium Business Loans
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    • Horticulture, Grains & Pulses Farming
    • Livestock Farming
    • Root Crops, Ginger, Vegetable & Fruit Farming
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    • Farm Land Sub-division Loan
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    • Broiler – Small Holder Chicken Farm
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    • Yaubula Term Deposit
    • Climate & Eco-Finance
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FDB OFFERS DROUGHT RELIEF TO CUSTOMERS

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  • FDB OFFERS DROUGHT RELIEF TO CUSTOMERS
FDB FORGES PARTNERSHIP TO ASSIST RURAL WOMEN
September 15, 2014
FDB Posts $4.14m Profit for 2013
October 21, 2014

Development banks have a well-recognised but inadequately emphasised role in the expansion of the less developed sectors here in Fiji. Playing multiple roles, the Fiji Development Bank has helped promote, nurture, support and monitor a range of economic activities, though the bank’s most important function has been as driver of agricultural development.

In light of this, the Fiji Development Bank is taking proactive measures to ensure that its clients receive the necessary assistance during this prolonged drought period.

“At FDB, our customers are our priority. A major part of development banking is the ability to provide assistance to facilitate growth as well as to alleviate hardship. Our flexibility in being able to provide various levels of assistance to our customers is one of our greatest strengths,” FDB Chief Executive Officer, Mr Deve Toganivalu said.

“Poor seasonal conditions can take a toll on agribusinesses and lead to financial stress. Timely assistance to rehabilitate customers who may be affected during these tough times is critical. Hence, we are taking proactive measures to ensure that our customers are assisted as early as practicably possible.”

This comes after revelations from the Ministry of Agriculture that damages by the drought on the agriculture sector currently stands around $20MM.

As an immediate relief measure, FDB offer the following:

  • Repayment Moratorium;
  • Interest Payment Only;
  • Further Loans for rehabilitation purposes.

“First contact will be through our portfolio officers. In order to provide you with the best possible solution, each application will be assessed on a case by case basis.”

All FDB clients affected by the current drought are encouraged to approach your FDB branches and consult with our officers on how best the bank can be of assistance during this adverse weather conditions.

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