13:00 Today (June 6, 2013)
Report by: Ritika Pratap
HFC today launched two deposit products – the HFC Investor return Deposit and HFC Insure Term Deposit.
In launching the products Permanent Secretary for Finance Filimoni Waqabaca says these products are unique to the Fiji market and perhaps the first of their kind.
The intention by government is to always ensure that our financial system is stable given the development that are happening in the international market, to also ensure that we work towards growing our financial system to become the hub in the region and for that to happen we need to introduce products in the market that our investors and our people can enjoy and I think HFC has done that again.
Investor Return Deposit is a term deposit product for those who would be looking at investments that gives guaranteed ‘returns’ concept.
While the HFC Term Deposit is offered to those who would be looking at investments and it comes with an added insurance package to give extra comfort for immediate need in case of death.
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