Finance Ministry to further improve collaboration with banks through more open and genuine dialogue

Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has assured the banks that his Ministry will build upon the partnership and further improve collaboration through more open and genuine dialogue.

Professor Prasad highlighted this after he and Assistant Minister for Finance Esrom Immanuel met with the Association of Banks yesterday.

He has acknowledged the critical role the commercial banks play in Fiji's economic development and expressed his gratitude for the support the banks provided during the pandemic.

Professor Prasad also welcomed the ABIF and provided suggestions on changes to processes and policies and assured his support for legislative amendments to cut out unnecessary administrative burdens put on the banks.

Meanwhile, the Chair of ABIF, Rakesh Ram and their members congratulated the Ministers on their appointment and assured their support in working closely with the Government.