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Published 2 years ago

Increase in lending to the real estate sector

Summary by FijiTimes
New lending to the real estate sector rose in the year to August by 97.9 per cent, according to the Reserve Bank of Fiji’s September economic review.However the RBF highlighted that in the review period lending to the building and construction sectors dropped by 27.7 per cent in the same period.This decline was because of the base effect and a combination of higher building materials prices and supply constraints that might be weighing on constr…

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