SUNBIZ

Bred Bank Lautoka Branch Now Opened

With its success operating in Fiji for almost three years Bred Bank has extended its reach further and opened a branch in Lautoka on Friday night. Bred Bank Fiji has
26 Jul 2015 12:35
Bred Bank Lautoka Branch Now Opened
n Branch manager Salin Buksh, Minister for Industry, Trade and Tourism Faiyaz Koya with Bred Bank (Fiji) Chief Executive Officer Frederic Reynaud during the official opening of the Lautoka branch on Friday night. Photo: WAISEA NASOKIA

With its success operating in Fiji for almost three years Bred Bank has extended its reach further and opened a branch in Lautoka on Friday night.

Bred Bank Fiji has contributed confidently and positively, to the banking sector, said Minister for Industry, Trade and Tourism Faiyaz Koya said while officially launching the branch.

He said the expansion to a Bred Bank Lautoka Branch is an example of increased business confidence.

“It is indication of Fijians acquiring sustainable livelihoods. It gives insight that Fiji is on the march.”

He said it was another milestone with the Fijian banking sector’s newest entrant, Bred Bank, spreading its services.

This is their third branch in the Western Division, after Namaka and Nadi Town.

“Today the bank has invested more than $20million and they are gearing up to invest further.

“They are in the process to increase the number of branches around Fiji by the end of this year,” he added.

Bred Bank (Fiji) chief executive officer Frederic Reynaud said, “It shows how confident we are in the Fijian market and that we are here to stay.”

He said Bred Bank’s presence in Fiji resulted from its interest, expansion and success within the Pacific region.

“We have been operating for three years and our focus continues to be developing our network to reach out to all Fijians,” he said.

 

About Bred Bank

Bred Bank (Fiji) Limited, is an offshoot of France’s second largest banking group, BPCE.

There are also Bred Bank is in Vanuatu, New Caledonia and French Polynesia.

It began operation in Fiji in November 2012 and almost three years they have, successfully spread their reach to over 25,000 customers in Fiji.

Lautoka Branch, in a few weeks of operation, has more than 300 customers and growing.

 




Fiji Sun Instagram
Fiji Plus
Subscribe-to-Newspaper