Fiji Time: 11:23 AM on Sunday 7 February

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 0.65200.6330
JPY 56.024953.0249
GBP 0.32480.3168
EUR 0.42350.4115
NZD 0.71170.6787
AUD 0.66170.6367
USD 0.47670.4597

from

$0.00

Exchange Rate updated on 5th February 2016

Today's Most Read Stories

  1. Kenya's next
  2. Injuries hit team
  3. Flag for 'modern Fiji'
  4. 14 have no home
  5. PM commends seed farmer for hard work, success
  6. Ryan happy with team
  7. Entity takes legal action
  8. On course
  9. Hope for resolution
  10. Awareness program targets red zone, community

Top Stories this Week

  1. Blitzed out Monday (01 Feb)
  2. Suspended Tuesday (02 Feb)
  3. 49-year-old man arrested at Nadi airport Wednesday (03 Feb)
  4. Ryan admits he understand the losing feeling Monday (01 Feb)
  5. 7s reaction Tuesday (02 Feb)
  6. 7s release Monday (01 Feb)
  7. Joy ride ends in the hospital Monday (01 Feb)
  8. Sevens changes Friday (05 Feb)
  9. Fiji picks up the pieces Thursday (04 Feb)
  10. Running brawl part of journey to Rio Wednesday (03 Feb)