With six major banks, five of which are internationally owned, competing in a market of less than a million people, Fiji’s banking and financing sector is inevitably highly competitive.
HFC Bank
Fiji’s largest investor is the country’s sole retirement savings fund, Fiji National Provident Fund (FNPF), which receives contributions from over 420,000 members annually. Business Advantage speaks to its head to discuss the fund’s plans for the future, including its ties to the Papua New Guinea market.