FDB Recognised for Excellence in Local Economic Development at International Awards Event

The Fiji Development Bank (FDB) recently received an award at the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards 2025 under the ‘Local Economic Development’ category during its 48th Annual Meetings. The theme for the ADFIAP Awards was ‘Economic Gardening & Development Impacts.’

The event held in late April in Muscat, Oman, saw the Bank win this award through its project, ‘The Fiji Development Bank Leveraging its Financial Instruments through Stakeholder Collaboration’. This initiative exemplified FDB’s commitment to promoting sustainable economic growth and inclusive development.

ADFIAP, with currently 97 member institutions in 42 countries, is the focal point of all Development Banks and other financial institutions engaged in the financing of development in the Asia-Pacific region. The awards ceremony celebrated remarkable efforts and outstanding achievements from member institutions across Asia and the Pacific.

The Association remains the leading platform for Banks to collaborate with other Development Banks to join forces on issues, challenges, and successful implementations aligned with its member base.

FDB’s General Manager Relationship & Sales, Ms. Titilia Kamil, took receipt of the award as the Bank’s representative. She shared that, “I’m honoured to represent FDB at this prestigious event and to accept this well-deserved award on behalf of the Bank. This recognition serves as clear proof that our work within local communities is making a meaningful impact and lays a strong foundation for continued progress and inclusive development.”

“This award celebrates the project’s innovation and real-world impact. It’s about making a difference in people’s lives. FDB’s initiative fuels local businesses and rural communities. It shows how smart financing can lift up everyday Fijians. Behind every loan, there’s a farmer or an upcoming entrepreneur whose future is being built.”

The Bank’s collaborative work supports Sustainable Development Goals (SDGs), national development priorities and National Budget initiatives for a brighter future. It’s driven by a mission to build a better Fiji for generations to come. This award reflects the Bank’s proactive agenda in that every FDB project is designed with a tactical purpose to help create a more inclusive and stronger Fiji.

The Bank collaborates with the Fiji Government and relevant stakeholders that drive the economic development of the Fiji economy. This includes the Bank leveraging its financial instruments to allow customers to break barriers and access finance through equity grant contribution, interest subsidy, guarantee facility and grant interest-free payment for 3 years.

Ms. Kamil continued saying, “We extend our gratitude to our stakeholders, the Fijian Government, the communities that we serve, and most importantly to our customers, for their continued support in driving developmental progress for our island nation.” She also thanked the FDB Board Chair, Board Directors, Executive management team and the Bank’s dedicated staff.

FDB remains focused on its mission: to boost Fiji’s growth by improving its financial services. This is achieved by following its clear Strategic Plan and working in partnership with relevant stakeholders to fund key economic sectors.