All News and Announcements
Fiji, India and UN Join Hands to Launch Ambitious Project to Scale Climate and Disaster Risk Financing Framework and Parametric Insurance in Fiji
This initiative refines and expands coverage of the parametric insurance product that was first launched in 2021 and aims to strengthen Fiji’s financial resilience against climate change and natural disasters.
Mastercard Partners With Vodafone Fiji to Drive Financial Inclusion and Empowerment
This partnership will give hundreds of thousands of Fijians access to digital payments through Mastercard’s global payment network of over 100 million merchants worldwide.
Howden Group Partners With UNCDF to Build Climate Resilience for Vulnerable Communities in Fiji
The UN Capital Development Fund is pleased to announce international insurance group, Howden, as a new addition to its long list of private sector partners helping fight climate change in the Pacific.
Fijian People to Benefit from Landmark Reforms to Deliver Modern and Efficient Payment System
This is a key outcome of reforms the Reserve Bank of Fiji has been leading in collaboration and partnership with key payment system stakeholders in Fiji.
New Parametric Microinsurance Products Launched to Cushion Impact of Climate Change in Fiji
Both products offer combined insurance cover against heavy wind and rainfall and are designed to offer immediate financial support after extreme weather events.
Fintech Innovation Challenge Aims to Help Address the Challenge of Financial Inclusion in Pacific Island Countries
The United Nations Capital Development Fund launched the challenge with the aim to attract local and global fintechs with market-ready solutions to address identified problem statements which represent the challenges faced by Pacific Islands Countries.
Women Entrepreneurs With Microfinance Loans Face Lots of Challenges, With or Without a Pandemic
Microfinance-supported entrepreneurs have exhibited the same resourcefulness that has characterized many other small businesses during the pandemic. At the same time, they face a variety of ongoing challenges.
Aden Bank for Microfinance Is to Launch Its Operations and Contribute to Achieving Financial Inclusion
The bank will work in partnership with local banks and financial institutions using best practices in microfinance for provision of Islamic banking services, and will apply an integrated system of financial and non-financial services to support value and supply chains for MSMEs.
Fiji: Survey Shows Improvement in Financial Inclusion
A 2020 Financial Services Demand Side Survey Report released by the Reserve Bank revealed that the level of formal financial inclusion among Fijians has increased to 81 percent from 64 percent in 2014.
Launching the Pilot Phase of Eamar Microfinance as the First Digital Microfinance Platform in Yemen
The initiative aims to help clients and communities by providing blended financial and non-financial digital services including advisory services, training and more to assure ease of access to e-money and transfers for its customers.