The Fiji Times, 30 May 2017 – HFC Bank has made a milestone partnership in becoming the first commercial bank in Fiji to sign the Asian Development Bank’s trade finance program.
The 100 per cent locally-owned bank yesterday sealed the deal with ADB which will provide a credit guarantee and revolving credit facility that can support up to $US4 million ($F8.3m) of trade annually in Fiji.
ADB’s Trade Finance Program is intended to help commercial banks support exporters and will provide both credit guarantees and a revolving credit facility for commercial banks. Read more…
