BRED Bank opens $2.6m branch in Sugar City
This I believe, marks the beginning of a fresh phase in the development of this city; an expansion of facilities and strengthening of efforts to rEnDEr finAnCiAl sErviCEs to the people of Lautoka both for commercial and retail customers. Ratu Wiliame Katonivere President of Fiji
BRED Bank’s investment of $2.6 million in the retail branch in Lautoka clearly demonstrates its continuing commitment to the economic growth of the country.
President Ratu Wiliame Katonivere made these remarks while he officiated the opening which also coincided with the bank’s ten-year anniversary of operations in Fiji.
The Head of State is also a customer of and said the new complex would improve the landscape of Lautoka and bring modern banking facilities with its suite of competitive products and services through various channels.
“This I believe, marks the beginning of a fresh phase in the development of this city; an expansion of facilities and strengthening of efforts to render financial services to the people of Lautoka both for commercial and retail customers,” he said.
He said amidst the disruptions brought about by the pandemic he was grateful that the BRED Bank group remained confident to invest and expand its operations in Fiji which essentially represented the reality of the Government’s ambition to foster economic and social advancement for all Fijians.
“BRED Bank shareholders recently doubled its capital as an added boost to its Fiji operations demonstrating their commitment and confidence in the Fijian economy,” he said.
“The Bank, since its establishment has fostered competition in the market through competitive product pricing and raised the bar in financial services, which has benefited many Fijians.”