The prolonged impact of the pandemic has taken a huge toll on the country, according to ANZ Regional Executive for the Pacific Tessa Price.
"ANZ is optimistic Fiji will overcome the current challenges and this infrastructure project will be critical in driving economic growth when tourists eventually return.” – Tessa Price
But having had a presence in Fiji for 141 years, ANZ remains confident of the country’s economic prospects as Fiji’s economy had performed well over the past decade prior to COVID-19.
“The Fijian economy is remarkably resilient despite frequent setbacks from cyclones, floods, storm surges and drought,” Price says.
“Our customers, employees and communities in Fiji are having a tough time and we continue to support them by offering options such as payment deferrals, interest-only loans and tenor extensions,” she says.