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Reforms in banking supervision in Fiji: a review of progress

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Chandra, Aman
Jayaraman, T.K.
Waqabaca, Filimone

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Crawford School of Public Policy, The Australian National University
Asia Pacific Press

Abstract

Based on published studies and official documents, this paper identifies the causes of the failure of the National Bank of Fiji in the 1990s. It also reviews various measures and reforms undertaken since then by the country?s central bank towards strengthening its powers of supervision over commercial banks. It is expected that the reforms will ensure better supervision and contribute to improved functioning of commercial banks.

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Pacific Economic Bulletin, Vol. 19 , No. 3, 2004

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