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Growth in Real Estate lending

Published Date : 05/02/2024

Celebrating the role played by the real estate sector in Fiji’s economy, the Minister for Trade, Cooperatives and SMEs championed ongoing education and training for enhanced outcomes in the industry.

 

This resonated strongly during the 5th National Real Estate Conference held in Pacific Harbor.

 

Minister Manoa Kamikamica revealed insights from the Reserve Bank of Fiji’s commodity report where a substantial surge in commercial bank lending to real estate, escalated from $146 million in the first quarter to $399 million in the third quarter of last year.

 

Source: FBCNEWS.COM.FJ

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