Press Releases

PFIP Provides Support for Pacific Participants’ Microfinance Training

PFIP Provides Support for Pacific Participants’ Microfinance Training

June 11, 2010

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Five representatives from the Reserve or Central Banks in Fiji, Papua New Guinea, Samoa, Solomon Islands and Vanuatu and two representatives from microfinance institutions in Fiji will be the first group of Pacific Islanders to attend the Boulder Institute of Microfinance training that will be held in Turin, Italy from July 19th to August 6....

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Poor and Rural Excluded from Financial Services in Fiji

Poor and Rural Excluded from Financial Services in Fiji

June 2, 2010

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About 109,000 households in Fiji miss out on savings, credit and other financial services. The untapped savings demand, largely present in the rural areas, stands at least FJD $70 million dollars. Further, the unmet demand for credit, mainly present in the urban areas, is at least FJD $57 million dollars and there are over 130,000...

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Reserve Bank of Fiji Taking Giant Steps in Facilitating Mobile Money

Reserve Bank of Fiji Taking Giant Steps in Facilitating Mobile Money

June 1, 2010

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The Reserve Bank of Fiji launched the E Money Fiji on June 9 2010, a project aimed at making mobile money a reality in Fiji. Working in partnership with two mobile companies, one which of which launched its mobile phone based money transfer services on June 17, the Reserve Bank is hoping to get more...

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Investing in Women Maximises the Impact of Financial Inclusion: UN Report

Investing in Women Maximises the Impact of Financial Inclusion: UN Report

April 19, 2010

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Bringing banking to the doorsteps of rural villagers in Fiji and combining this with training on saving and investing money has led to improvements in their wellbeing. This was revealed by a United Nations report launched in Suva today. The report further highlights that women who benefit from such programmes, multiply the gains for their...

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Report on Financial Capability and Wellbeing of Fijian Households to be Launched

Report on Financial Capability and Wellbeing of Fijian Households to be Launched

April 16, 2010

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A report on the financial capability, financial competence and wellbeing of rural Fijian households will be launched in Suva on April 19. The report measures how the wellbeing of households have been affected in rural Naitasiri with financial literacy training and banking services provided through the United Nations Development Programme(UNDP)/ ANZ Rural Financial Services Initiative...

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