Professional Documents
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MACIUSELA N LUMELUME
MINISTRY OF FINANCE
REPUBLIC OF THE GOVERNMENT OF THE FIJI ISLANDS
LOCATION OF FIJI?
•Archipelago of around 330 islands in the Pacific Region ; 2,700 kms East of Australia;
Investment 9% 25% 5%
FIJI’S FINANCIAL MARKETS ,
STRUCTURE
Money Market
Interbank
Capital Market
Bond Market
Stock Market/Equity
FINANCIAL MARKET,
SYSTEM & SIZE
FINANCIAL SYSTEM,
PLAYERS
1. Reserve Bank of Fiji ( Regulator/Supervisor)
Banking Industry
– Banks (5/4)
– Credit Institutions (3)
– AMB
Insurance Industry
– Insurers (9)
– Intermediaries - Brokers (5), Agents (368)
– Insurance Trust of Fiji and FAI
Superannuation Industry
– Fiji National Provident Fund (FNPF)
FX Dealers Industry
– Restricted FX Dealers (8)
– Money Changers (3)
FINANCIAL SYSTEM,
PLAYERS
3. Capital Markets Development
Formerly the Capital Market Development
Authority (CMDA) & now the Financial
Institutions & Compliance Group under
RBF
Dealers (2)
Number of Branches
Rural Banking
Performance
Credible Debtor
Challenges
Financial Outreach
Size of FNPF
¾ of the market
Demonopolisation
FINANCIAL MARKET,
DEEPENING THE BOND
MARKET
Liquidity of Instruments