PM Congratulates Bank Of Baroda On Its Centennial
PM Bainimarama congratulates Bank of Baroda on its centennial achievements
Prime Minister Commodore Voreqe Bainimarama has congratulated the Bank of Baroda in its achievement of 1oo years operations around the world including Fiji.
He made the remarks as chief guest at the Banks Centennial celebrations held on Saturday night.
"To achieve 100 years is indeed a remarkable feat for your organization and for this we must acknowledge the efforts of those who have made the Bank of Baroda a success story in the world. For Baroda it has truly been 100 years of banking with passion," he said.
"I am told that the Bank of Baroda is considered as India"s International Bank, more so, it is encouraging to note that it is known as the Peoples Bank in Fiji. The Bank has been offering products and services at affordable rates in Fiji for the last 46 years.
Commodore Bainimarama commended the important role the Bank has played in the development of Fiji since its inception and this includes providing services to all from students, farmers, elderly, small and medium enterprises and also bigCcorporates.
"On behalf of the Government and people of Fiji, I would like to record our appreciation for the staff and Management of Bank of Baroda, past and present, who have worked tirelessly in sustaining the Bank"s operation in Fiji," he said.
"This occasion also signifies, in my view, the important historical association between our two countries Fiji and India which is now moving into a new era with India becoming one of the fastest growing economies in the world.
The Bank initiated its operations in Fiji in 1961 with a branch at Marks Street in Suva on 5th July, 1961, before then expanding to the west by opening another branch in Lautoka on 14th June, 1963.
Baroda opened four agencies in Nadi, Rakiraki, Tavua and Ba and currently has (eight) 8 branches in all major towns and cities and is now exploring opening up a branch in Savusavu.