Commercial Loans

The market continued to pose challenges to commercial lending portfolio as strong competition from commercial banks kept the lending rates low. Total interest income earned in the year was $18.5 million compared with $17.7million last year. The commercial lending portfolio increased from $387 million to $489.5 million which apart from new loans was also a result of impairment provision write backs of about $13.6 million.

New loans during the year included Momi Bay Resort Limited for the construction of the Marriott Hotel, FNPF Hotel Resorts Limited on the refurbishment of the Holiday Inn, completion of drawdowns by FEA for the purchase of 35 MW Heavy Fuel Oil Generators and the refinancing of a FEA Bond and Fiji Airways Limited for financing the purchase of two ATR aircrafts.


Talk to us about our Term Loan product and let us be your solution, today!

Eligible investment sectors:
1. Agriculture & Forestry
2. Manufacturing
3. Wholesale & Retail Trade
4. Hotels & Restaurants
5. Transport, Storage & Communication
6. Financial Intermediation
7. Real Estate & Business Services
8. Public Admin & Defense

Investment restrictions and prohibited investment
• Not more than 7.5% of the total market value of the Funds portfolio can be invested in a single company.
• Any activities considered illegal by Laws of Fiji.
• Mining explorations or any form of explorations are prohibited
• The Fund will not guarantee or take any liability or give security interest over the assets of the Fund.

Loan conditions


Lending Fees and Charges


Information Guideline
Following information are to be incorporated in the project proposal:
1) Applicant’s Background:
                  • Company background
                  • Ownership structure
                  • Background on the Directors
                  • Audited financial accounts for the past 3 years
2) Business Plan - Vision, Strategy of the project, Marketing and Sales Strategy, Operational and financial forecasts.
3) Succession Planning
4) Project Background
5) Structure of team - including qualification, experiences and references
6) Project Cost
7) Feasibility /market study conducted by independent professional
8) Funding Structure:
                 • Equity Portion
                 • Debt Portion
9) Finance Details
10) Loan Term
11) Interest Rate Sought
12) Future Projections :
             • During Construction
             • After commencement of Operations

For further information please contact the Commercial Loans Team at the FNPF Investment Division situated at the FNPF Head Quarters, 33 Ellery Street, Suva.

Business Hours are Monday - Friday 8.30am to 5.00pm
Phone: +679 3307811
Postal: Commercial Loans, Investments Division, FNPF,
Private Mail Bag , Suva.