Business

Lending trend steady: ANZ

November 27, 2019 12:33 pm

One of the largest banks in Fiji says lending has not been subdued in 2019.

One of the largest banks in Fiji says lending has not been subdued in 2019.

ANZ Fiji Chief Executive Saud Minam believes interest rates are commensurate with the market situation.

 

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“We have not refused anyone who falls under our category of risk. Where we feel there’s good business – we have yet to refuse because we don’t have money. Our growth – no issues at all from an ANZ perspective.”

He adds if there emerges an environment where ANZ sees the need to reduce rates further it will do so.

Minam also says the blue bank has continued to offer loans to anyone who meets minimum requirements.