Reserve Bank of Fiji
- Company typePrivate
- Founded1984
- HeadquartersSuva, Fiji
- Headcount101–250
- GTM typeB2B
- OfferingServices
Reserve Bank of Fiji firmographics
Firmographics- Name
- Reserve Bank of Fiji
- Legal name
- Reserve Bank of Fiji
- Website
- https://rbf.gov.fj
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where Reserve Bank of Fiji is headquartered
LocationHeadquarters
- HQ city
- Suva
- HQ country
- Fiji
- HQ region
- Oceania
Offices1 record
Markets served
Reserve Bank of Fiji business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Distribution channels6 records
Marketing channels11 records
Reserve Bank of Fiji product offering
Product offeringCore offering
The Reserve Bank of Fiji is Fiji's central bank, established under the Reserve Bank of Fiji Act (1983). It formulates and implements monetary policy, issues currency, regulates and supervises banks, insurers and capital market institutions, manages foreign reserves, and operates the national payment and settlement system (FIJICLEAR). It also administers targeted development financing facilities (such as the Import Substitution and Export Finance Facility, SME Credit Guarantee Scheme, Housing Facility Scheme, and Natural Disaster Rehabilitation Facility) channelled through licensed financial institutions.
Product overview
The Reserve Bank of Fiji operates as the central bank of Fiji with a unified portfolio of central banking products and services organized around four core functions: Monetary Stability (through policy rate management, open market operations, and RBF Notes), Financial Stability (banking/insurance supervision, regulation, and licensing), Currency Management (note/coin issuance and counterfeit detection), and Financial System Development (payment systems, capital markets, financial inclusion). Key product offerings include FIJICLEAR (national payment and settlement system), Central Securities Depository, various development financing facilities (Import Substitution Export Finance Facility, SME Credit Guarantee Scheme, Housing Facility, Disaster Rehabilitation Facility), government securities (Viti Bonds, Treasury Bills), and e-services (BusinessNOW FIJI). The Bank also manages national registries (Personal Property Securities Registry, National Identification System) and publishes economic research through Working Papers. The organization transitioned to a market-based monetary policy approach in 1989 using its own securities rather than a platform-plus-modules architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- FIJICLEAR Electronic payment and settlement system operated by RBF for processing interbank transfers and securities settlements, administered under the National Payment System Act (2021).
- Central Securities Depository System for the safekeeping and transfer of securities, enabling efficient settlement of bond and equity transactions.
- RBF Notes Securities issued by RBF for open market operations to influence liquidity and implement monetary policy.
- Import Substitution and Export Finance Facility (ISEFF) Facility providing credit at concessional rates to exporters and businesses producing imported goods, supporting local industry development; available through commercial banks and the Fiji Development Bank.
- Small and Medium Enterprise Credit Guarantee Scheme Scheme supporting SME lending, with Government allocation funding administered by RBF through participating financial institutions.
- Housing Facility Scheme Scheme assisting low and middle income home buyers, with $35 million allocated and delivered via the Housing Authority and Public Rental Board.
- Natural Disaster Rehabilitation Facility Facility providing financing to businesses affected by natural disasters through participating financial institutions.
- Agriculture Loans Ratio and Renewable Energy Loans Ratio Regulatory requirements mandating commercial banks to extend credit to agriculture (4% of deposits) and renewable energy sectors (2% of deposits).
- Viti Bonds Government bonds issued through RBF for public borrowing.
- Treasury Bills Short-term Government securities issued through RBF for government borrowing.
- Currency Collectables (Numismatic Sales) Commemorative coins and currency items sold to collectors via the RBF currency e-commerce portal.
- BusinessNOW FIJI Electronic services portal providing exchange control and business-related services online.
- RBF Finance Facility Specialized financing facility administered by RBF for various economic sectors.
- Personal Property Securities Registry National registry for personal property securities under Personal Property Securities Regulations (2019), administered by RBF.
- National Identification System National ID programme managed by RBF for identity verification and financial inclusion.
- Foreign Reserves Management Management of Fiji's foreign currency reserves ensuring adequacy and maximizing returns while maintaining safety and liquidity (targeting 4-5 months of import coverage).
- Exchange Control Services Administration of exchange control policies under the Exchange Control Act (1950), delivered through BusinessNOW FIJI e-services portal.
- Fiji Sovereign Green Bond Green bond programme supporting environmentally sustainable projects in Fiji.
Quantifiable outcome
- Target inflation rate of approximately 3 percent for price stability
- +4 more outcomes
Companies that use Reserve Bank of Fiji
Customer profileSegments5 records
Ideal customer profiles5 records
Reserve Bank of Fiji technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Reserve Bank of Fiji partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Griffith UniversitycoreCollaborative research partnership producing RBF and Griffith University Working Papers on central banking research. The partnership explores vital links between research and policy relating to central banking issues, including financial and private sectors and economic growth and development.
- South Pacific Central BankscoreRBF participates in the South Pacific Central Banking Research Conference and South Pacific Centre Central Banking initiative with regional peers for knowledge sharing and policy coordination.
- Fiji Development BankcoreFiji Development Bank (FDB) serves as a channel for RBF-administered financing facilities including the Import Substitution and Export Finance Facility (ISEFF), providing funds to eligible businesses at concessional rates.
- Commercial BankscoreLicensed commercial banks act as distribution channels for RBF-administered financing facilities including ISEFF, SME Credit Guarantee Scheme, Housing Facility Scheme, Agriculture Loans Ratio, and Renewable Energy Loans Ratio.
- Housing Authority and Public Rental BoardminorHousing Authority (HA) and Public Rental Board (PRB) receive funding through the $35 million Housing Facility Scheme allocation to assist low and middle income home buyers.
- National Financial Inclusion TaskforcecoreRBF participates in the National Financial Inclusion Taskforce (NFIT) to coordinate financial inclusion efforts across Fiji.
- Fiji Financial Intelligence UnitcoreCollaboration on anti-money laundering and counter-terrorist financing activities under the Financial Transactions Reporting (FTR) Act (2004) and FTR Regulations (2007).
- Fiji Independent Commission Against Corruption (FICAC)coreRBF developed Anti-Corruption Framework in consultation with FICAC since 2018 to enhance compliance and governance standards under Prevention of Bribery Act 2007.
- Constitutional Offices CommissioncoreConstitutional body responsible for advising the President on appointment of the Governor of the Reserve Bank of Fiji under the 2013 Constitution.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Reserve Bank of Fiji competitors and assessment
Company assessmentDirect peers
- Reserve Bank of New Zealand: New Zealand's central bank with similar mandate for monetary stability, currency issuance, and financial system regulation. Closest governance and operational peer in the Pacific region and a key policy reference point for RBF.
- Bank of Papua New Guinea: Central bank of Papua New Guinea, a comparable Pacific island developing economy with analogous monetary policy, exchange control, and development financing challenges.
- Central Bank of Samoa: Samoa's central bank — a small Pacific island monetary authority with comparable scale, tourism-dependent economy, and remittance-driven external accounts.
- Reserve Bank of Vanuatu: Vanuatu's central bank, operating in a similarly small, tourism-exposed Pacific economy with comparable monetary policy and financial stability mandates.
Broad incumbents
- Reserve Bank of Australia: Australia's central bank — a larger, more established regional incumbent. Operates in the same geographic and economic sphere as RBF and serves as a benchmark for monetary policy frameworks in the Pacific.
- Monetary Authority of Singapore: Singapore's integrated central bank and financial regulator — a benchmark for small, open-economy central banking with sophisticated payment infrastructure and exchange-center policy.
- Bank of England: UK central bank whose statutory independence model closely parallels RBF's constitutional independence framework; a reference point for governance and policy credibility.
- Reserve Bank of India: India's central bank — a large emerging-market monetary authority with extensive development financing, priority-sector lending, and payment system infrastructure analogous in spirit to RBF's mandate.
- Bank of Korea: South Korea's central bank — a peer for monetary policy frameworks, FX reserve management, and financial stability supervision in an export-oriented economy.
- Bank of Canada: Canada's central bank — a peer for inflation-targeting frameworks, financial stability reviews, and payment system modernization in a commodity-exposed economy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Reserve Bank of Fiji social profiles
Digital presenceReserve Bank of Fiji financial estimates
Financial estimateRevenue estimate
Valuation estimate
Reserve Bank of Fiji leadership team
Management profileNumber of profiles
Profiles1 record
Reserve Bank of Fiji funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Reserve Bank of Fiji M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Reserve Bank of Fiji
What does Reserve Bank of Fiji do?
The Reserve Bank of Fiji is Fiji's central bank, established under the Reserve Bank of Fiji Act (1983). It formulates and implements monetary policy, issues currency, regulates and supervises banks, insurers and capital market institutions, manages foreign reserves, and operates the national payment and settlement system (FIJICLEAR). It also administers targeted development financing facilities (such as the Import Substitution and Export Finance Facility, SME Credit Guarantee Scheme, Housing Facility Scheme, and Natural Disaster Rehabilitation Facility) channelled through licensed financial institutions.
Is Reserve Bank of Fiji a public or private company?
Reserve Bank of Fiji is a private company. It is classified as state government owned and is currently operating.
When was Reserve Bank of Fiji founded?
Reserve Bank of Fiji was founded in 1984. It employs 101 to 250 people.
Where is Reserve Bank of Fiji based?
Reserve Bank of Fiji is headquartered in Suva, Fiji, in the Oceania region.
Who are Reserve Bank of Fiji's main competitors?
Direct peers on record are Reserve Bank of New Zealand, Bank of Papua New Guinea, Central Bank of Samoa and Reserve Bank of Vanuatu. Broad incumbents are Reserve Bank of Australia, Monetary Authority of Singapore, Bank of England, Reserve Bank of India, Bank of Korea and Bank of Canada.
Does Reserve Bank of Fiji have an API?
No public API is recorded for Reserve Bank of Fiji.