Fiji Time: 2:20 PM on Sunday 1 May

Fiji Times Logo

/ Front page / News

Report highlights growth factor

By GERALDINE PANAPASA
Tuesday, May 27, 2014

Update: 5:00PM FINANCIAL deepening is indispensable to economic development, says a quarterly report from ANZ Bank.

It said one of the key problems with analysing credit growth in any economy was that much analysis on simple credit metrics failed to recognise that financial deepening which showed up in the credit growth figures was benign and beneficial to growth.

"We believe that in any assessment of credit growth, particularly for frontier, developing and emerging economies, total credit growth needs to be considered in the context of financial deepening when making a true assessment of its appropriateness," the bank said.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.61350.5945
JPY 53.471650.4716
GBP 0.33380.3258
EUR 0.43020.4182
NZD 0.70870.6757
CAD 0.61210.5931
JPY 54.771751.7717

from

$0.00

Exchange Rate updated on 28th April 2016

Today's Most Read Stories

  1. Fiji not a 'hot bed'
  2. Reds again
  3. Sawani girls deny Jasper's dream
  4. Kava price doubles as supply drops
  5. Drivers fighting for lives
  6. Help arrives from abroad for Ba residents
  7. 'Inaccurate' reports
  8. Boy, 14, hit by bus
  9. Boat in tow back to Suva
  10. Youths rake in income

Top Stories this Week

  1. Horror crash relived Wednesday (27 Apr)
  2. Shoeshine boy makes it big Monday (25 Apr)
  3. Horrific crash kills 1 Monday (25 Apr)
  4. Teacher fears for safety Tuesday (26 Apr)
  5. Overstay Monday (25 Apr)
  6. Father farewells son Wednesday (27 Apr)
  7. Try night fasting, doctor urges Monday (25 Apr)
  8. 'Ridiculous change' Tuesday (26 Apr)
  9. 7s eligibility Wednesday (27 Apr)
  10. Mother seeks help Wednesday (27 Apr)