The Fiji Development Bank (FDB) is an autonomous statutory body which provides financing that contributes to the development of the Fijian economy leading to the enhancement of the quality of life for all Fijians. FDB is the only Government owned financial institution and the only Development Bank in the country, established on 1st July 1967 through the Fiji Development Bank Act 1967. Its core business is lending.
The role of the Bank as mandated under the FDB Act is to “facilitate and stimulate the promotion and development of natural resources, transportation and other industries and enterprises in Fiji and in the discharge of these functions, the Bank shall give special consideration and priority to the economic development of the rural and agricultural sectors of the economy of Fiji”.
In carrying out its business the Bank continues to provide capital and other resources for investment in the following sectors which are consistent with the objective of maintaining a reasonable diversification in its investments among all sectors of the economy:
Agriculture including forestry and fishing; Mining and Quarrying; Manufacturing; Transport, Communications and Storage; Wholesale, Retail, Hotels and Restaurants; Professional and Business Services; Building and Construction; Private Individuals; Real Estate.