Table of Contents
Introduction
Welcome to Fiji, a small island nation in the South Pacific famous for its white beaches, lively culture, and friendly people. If you are planning to visit Fiji or if you are even thinking of moving to Fiji then you need to have a bank account. In this article, we will discuss 10 best banks of Fiji and try to find out more about them.
1. Bank of Baroda Fiji Limited
Bank of Baroda Fiji Limited is a bank branch of Bank of Baroda, India. Established in Fiji in 1961, Bank of Baroda provides banking products and services to individuals, small enterprising and large corporations. They offer products like savings accounts, current accounts, fixed deposits, loans and remittance services.
Bank of Baroda Fiji Limited has built its reputation on good customer relations and reasonable interest rates. They have several branches and ATMs in Fiji, which makes it easy for the customers to get their banking services.
2. ANZ Bank Fiji
ANZ Bank Fiji is a branch of the Australia and New Zealand banking group, ANZ, one of the biggest banks in the APAC region. Established in 1880, ANZ Bank Fiji provides a full range of banking services for personal, business and corporate banking.
ANZ Bank Fiji has a good focus on the digital bank, which allows the customers to have a secure and convenient online and mobile banking. They also have unique products like ANZ goMoney, a mobile money product that enables customers to send, receive and manage money via their mobile phones.
3. Westpac Fiji
Westpac Fiji is a branch of Westpac Banking Corporation, one of the big four banks of Australia. Since 1901, Westpac Fiji has offered a complete range of banking products and services ranging from personal to business and corporate banking.
Westpac Fiji has a good reputation of responsible corporate citizen and social development. They have engaged in a number of social responsibilities such as education, health, and environmental stewardship in Fiji. For example, they have worked with other companies to teach the community and schools about financial planning.
4. Fiji Development Bank
The Fiji Development Bank (FDB) is a state owned development bank of Fiji. Established in 1967, the main aim of FDB is to complement economic development in Fiji through the provision of financial services to individuals, MSMEs, and large corporations.
FDB offers financial products and services that include loans, grants, and advisory services. They have been of great importance in the growth of the various sectors of the economy in Fiji, including agriculture, tourism, and manufacturing.
5. HFC Bank
The current HFC Bank is a commercial bank in Fiji, former known as Home Finance Company Limited. Established in 1962, HFC Bank provides a full range of banking services for personal, business and corporate banking.
HFC Bank is known for its product innovations. They were the first bank in Fiji to introduce internet banking and mobile banking to its valued customers. HFC Bank also has attractive interest rates on savings and loans accounts.
6. BSP Fiji
BSP Fiji, a branch of Bank of South Pacific Limited, is one of the biggest banks in the Pacific. Established in 1957, BSP Fiji offers a complete range of banking products and services to its customers in personal, business and corporate banking.
BSP Fiji has a particular emphasis on financial access and has brought in a number of measures to reach out to the unbanked in Fiji. They have teamed up with other companies to offer financial education and support to micro finance programs.
7. Colonial Fiji
Colonial Fiji, a member of the Colonial Group International, is one of the biggest financial companies in Fiji. Since 1873, Colonial Fiji has offered a number of banking products and services to its customers which include banking, insurance and investment.
Colonial Fiji is known for its customer relation and customer oriented financial solutions. They have a financial team who will assist the customers and understand their financial needs and suggest the right solutions.
8. BRED Bank Fiji
BRED Bank Fiji, a branch of BRED Banque Populaire, is a new entry in the Fijian banking market. Established in 2010, BRED Bank Fiji offers a complete range of banking products and services to its clients which include personal, business and corporate banking.
BRED Bank Fiji has quickly become famous for its digital banking solutions. They have a very simple and easy to use online and mobile banking platform that helps the clients to transact, make purchases, and manage their accounts anytime.
9. Central Pacific Bank
Central Pacific Bank (CPB) is a local bank in Fiji that has been operating since 1980. CPB offers a complete range of banking services to its customers which include personal banking, business banking and corporate banking.
Central Pacific Bank is famous for its focus on the customer. They have a customer relations department that is always ready to assist the customers and meet their banking needs.
10. Fiji National Provident Fund
The Fiji National Provident Fund (FNPF) is a pension, social security and housing provider in Fiji. FNPF also offers banking services such as saving, borrowing and insurance products.
FNPF is important in the Fijian economy since it holds most of the country’s retirement funds. They have identified various ways through which it can enhance economic development in Fiji, for instance, by offering business loans and funding infrastructure projects.
Conclusion
Picking the right bank in Fiji is important for people and businesses. The 10 best banks in Fiji include Bank of Baroda Fiji Limited, ANZ Bank Fiji, and Westpac Fiji, which provide a complete set of banking services and have a good reputation for customer service and new products. Whether it is personal banking services, business banking services or corporate banking services that you are looking for, these banks can help you. Consider your needs, compare what is offered and make the right decision for smooth banking in Fiji.
