ANZ Fiji

ANZ Fiji is the largest bank in Fiji and has about a 40% market share. ANZ Fiji currently operates 13 branches country-wide.

History

ANZ Fiji traces its presence in Fiji back to 1873 through an acquisition. Investors from Auckland established the Fiji Banking and Commercial Trading Company Limited in 1873. However, the bank's owners sold it in 1876 to the Bank of New Zealand (BNZ); ANZ Group acquired BNZ’s operations in 1990 after 114 years of Bank of New Zealand ownership.[1]

ANZ’s own entry into the Pacific region dates back to 16 December 1880 when the Union Bank of Australia (est.1837) opened a branch in the old capital of Fiji, Levuka.[2] However, the bank closed the branch in 1895. In 1951, Union Bank’s successor, ANZ, returned to Fiji with a representative office that it upgraded to a branch.

In 1985, ANZ acquired Barclays Bank’s operations, which Barclays had established in 1973. In 2001, ANZ bought Bank of Hawaii’s Bankoh subsidiary, which had three branches throughout Fiji. Bankoh had entered the Fijian banking market in 1993.[3]

In February 2017, ANZ Fiji appointed Saud Abdul Minam as CEO of ANZ Fiji.[4] Previously, Saud Abdul Minam served as Head of Commercial, Pacific at Australia & New Zealand Banking Group Limited.[5] During his tenure as Head of Commercial, ANZ has announced free access to its internet banking platform and website for Vodafone Fiji users.[6]

In December 2021, ANZ Fiji appointed Viniana Uluiviti as Chief Operating Officer.[7] Uluiviti had previously held several senior positions within ANZ, including Head of Transaction Banking Operations and International Payments Manager.[7]

In late December 2024 and early January 2025, ANZ Fiji experienced a three-day payment system outage that disrupted customer transactions.[8] The issue began on 30 December and was resolved on 2 January 2025, after which normal payment processing resumed. The bank stated that the disruption was caused by a complex technical issue and acknowledged the impact on customers.[9]

In February 2026, ANZ announced the appointment of Sohaib Mahmood as Country Head for Fiji, subject to regulatory approval.[10][11][12] Mahmood assumed the role alongside his existing position as Head of Commercial Banking, Pacific, and has lived and worked in the region since 2013.[10] At the same time, ANZ announced that outgoing Country Head Rabih Yazbek would transition to a new role as Head of Client Coverage for the United Kingdom and Europe.[13][14][15]

Sources

  • Butlin, S. J. 1961. Australia and New Zealand Bank: The Bank of Australasia and the Union Bank of Australia Limited, 1828-1951. London: Longmans, p. 207.
  • Chappell, N.M. 1961. New Zealand Banker’s Hundred: A History of the Bank of New Zealand, 1861-1961. Wellington: Bank of New Zealand.
  • Narube, S. and B.T. Whiteside. 1985. "Financial Institutions and Markets in Fiji". In M. T. Skully, ed. Financial Institutions and Markets in the Southwest Pacific. London: Macmillan Press.

References

  1. Adrian E. Tschoegl. Foreign Banks in the Pacific: Some History and Policy Issues RePEc, 2003^
  2. Occasional Notes The West Australian, 7 January 1881, retrieved 12 March 2023^
  3. Norman Wilson. A Brief History of ANZ in Fiji Fijian Studies^
  4. ANZ Fiji confirms new boss Newswire, retrieved 2017-02-12^
  5. Stocks Bloomberg.com, retrieved 2017-02-12^
  6. 15% increase in ANZ's online banking transactions Newswire, retrieved 2017-02-12^
  7. Viniana Uluiviti Appointed Chief Operating Officer For ANZ Fiji Fiji Sun, 2021-12-02, retrieved 2026-03-24^
  8. ANZ Fiji 3-Day System Outage Now Fixed Fiji Sun, 2025-01-02, retrieved 2026-03-24^
  9. Kreetika Kumar. ANZ Fiji resolves payment system outage FBC News, 2025-01-02, retrieved 2026-03-24^
  10. Nikhil Aiyush Kumar. ANZ appoints new Country Head for Fiji FBC News, 2026-02-23, retrieved 2026-03-24^
  11. Viliame Tawanakoro. ANZ appoints Mahmood as new country head for Fiji Islands Business, 2026-02-23, retrieved 2026-03-24^
  12. Dionisia Tabureguci. ANZ names new head The Fiji Times, 2026-02-28, retrieved 2026-03-24^
  13. Netani Rika. ANZ Fiji boss heads for Europe Islands Business, 2026-02-06, retrieved 2026-03-24^
  14. Nikhil Aiyush Kumar. Yazbek appointed to senior ANZ role in Europe FBC News, 2026-01-30, retrieved 2026-03-24^
  15. Timoci Vula. Bank head leaves Fiji for Europe The Fiji Times, 2026-02-02, retrieved 2026-03-24^