August was the opportunity for Olivier Klein to meet again with the teams and customers of the BRED Group’s Pacific subsidiaries, in particular BRED Bank Fiji and BCI NC, after 2 years of pandemic.
This visit follows 2 capital increases at the end of 2021: €36.5 million for BRED Bank Fiji and €5 million for BRED Bank Vanuatu in order to accelerate the development of BRED Bank Salomon. These capital increases, in line with the international expansion strategy, illustrate the importance of the Pacific for the Group.
I would like to warmly thank the BRED Bank Fiji and BCI teams who have organized the meetings, conventions with all their employees, major client events and conferences and who have brought our performance in the region to the highest level, together with the managers of BRED Bank Vanuatu and BRED Bank Solomon.
Olivier Klein BRED Group CEO
The dynamic in Fiji is extremely positive. BRED Bank Fiji, which is celebrating its 10th anniversary this year, is growing by 12%. As the Attorney General of Fiji, Mr. Aiyaz Sayzd-Khaiyum, number 2 in the government, and Fiji’s business leaders confirmed to Olivier Klein, morale is high, the country’s economy is back on track and BRED’s results reflect its good health.
In New Caledonia, the more uncertain political context does not prevent the construction of a sustainable strategy. In particular by strengthening links with neighboring countries. A strategy to strengthen the local economic and political fabric in which the BRED Group has a full role to play. It is on this constructive and promising note that Olivier Klein ended his radio interview with RRB, which you can find below (please activate subtitles on youtube):
