Fiji Time: 9:56 PM on Sunday 20 August

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 0.63320.6142
JPY 55.309152.3091
GBP 0.38640.3784
EUR 0.42580.4138
NZD 0.69220.6592
AUD 0.63630.6113
USD 0.50100.4840

from

$0.00

Exchange Rate updated on 14th, August, 2017

Today's Most Read Stories

  1. A farmer becomes King
  2. Fatal Nadi accident
  3. Queen of hearts
  4. The heron has landed
  5. Korovulavula takes Miss Charity crown
  6. Methodist Church to elect new leader
  7. Girl, 7, dies in accident
  8. PC121 tragedy: Part 3 - The trauma lives on
  9. Busy day for stall owners
  10. 'Dunn deal' for Anne

Top Stories this Week

  1. Fijian dies in crash after fleeing crime scene Tuesday (15 Aug)
  2. Man 'run over' by car Tuesday (15 Aug)
  3. Hope in the darkest hour Thursday (17 Aug)
  4. A farmer becomes King Sunday (20 Aug)
  5. The leaping point Monday (14 Aug)
  6. Man stabs duo Wednesday (16 Aug)
  7. Mysterious calls after the murder Tuesday (15 Aug)
  8. Nawai stops Tabuarua in the first round Monday (14 Aug)
  9. Retirement age, salary on agenda Wednesday (16 Aug)
  10. Surprise hailstorm Thursday (17 Aug)