Through FDB’s Rehabilitation Finance Package, customers can:
Access loans from $500 to $5000. Nil equity required. Two day approval time and reduced paperwork, or
Access loans through the MSME Credit Guarantee Scheme (RBF Facility).
Waiver of fees and charges:
Only one off fees of $50 for loan processing.
Waiver of rescheduling and inspection fees.
Applications close on March 31, 2021.
and pray they celebrate the holidays wisely.
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FDB
December 24, 2020 5:33 pm
The Fiji Development Bank (FDB) has rolled out its ‘Customer Relief and Rehabilitation Financing Assistance Packages’ for Fijian farmers.
The packages are also for businesses affected by Tropical Cyclone Yasa to support their recovery efforts and rebuilding their livelihoods.
Acting Chief Executive Officer, Saiyad Hussain, said that customers could now access assistance available under the FDB’s Customer Relief package to ease their repayment obligations and focus on their basic needs and rehabilitation for now.
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Those in need of rehabilitation funds can also access financing through the Rehabilitation Financing package.
“Our teams are on the ground since Sunday visiting our customers, especially in the North, to check-in with them and their families and on their welfare,” said Hussain.
FDB announces TC Yasa relief packages
FDB announces TC Yasa relief packages
[Image: Fijian Government]
The Fiji Development Bank has rolled out its Customer Relief and Rehabilitation Financing Assistance Packages for Fijian farmers and businesses affected by Tropical Cyclone Yasa to rebuild their livelihoods.
Acting Chief Executive Officer Saiyad Hussain says under the Customer Relief Package, customers can choose between repayment moratorium, interest only repayment or an interest rate reduction that would be determined on a case-by-case basis.
Hussein says under the Rehabilitation Financing Package, customers can access loans from $500 to $5,000 with zero equity requirement while non-customers can access financing from their normal lending facilities.