The Fiji Development Bank (FDB) was established under the Fiji Development Bank Act 1966 on 1 July 1967, sixteen years after development banking started in Fiji with the Agricultural and Industrial Loans Board.
The Bank is an autonomous statutory body, the operations of which are controlled by a Board of Directors appointed by the Minister of Finance.
FDB provides financing that contributes to the development of the Fijian economy leading to the enhancement of the quality of life for all Fijians.
The Bank has been in existence for more than 55 years now and remains Fiji’s only national development financial institution to this date. It has contributed significantly to the success story of the Fijian economy across generations.
FDB is also the first development Bank in the South Pacific to be accredited to the Green Climate Fund (GCF), the world’s largest climate fund, as a Direct (National) Access Entity.