The Reserve Bank of Fiji (RBF) today presented its audited financial statements and operations report for the 2025 financial year, announcing a record-breaking profit of $146.2 million, the highest in its history.
As required under the Reserve Bank of Fiji Act 1983, a total of $146.0 million will be transferred to the Fijian Government.
This includes the net profit earned and $0.8 million from the Revaluation Reserve Account, following a net transfer of $1 million to the RBF’s General Reserves.
The presentation was made to Acting Prime Minister and Minister for Finance, Professor Biman Prasad, by RBF Governor and Board Chair Ariff Ali.
“This is the second year in a row we have achieved a record profit,” said Mr Ali.
“It has largely been driven by strong foreign reserves and the higher interest rates in our major trading partner economies.”
Mr Ali noted that the central bank has transferred a total of $462.9 million to the Government over the last five years.
“Although we are not a profit-making institution, a strong balance sheet is crucial to maintain confidence in our mandate of macroeconomic and financial stability,” he explained.
The Governor also cautioned that future profits, and consequently, future transfers to Government, will depend on foreign reserve levels and global interest rate trends.
“Global risks remain elevated, especially around trade and geopolitics,” he said.
“These factors could impact returns from our foreign reserves and the overall economic outlook.”
He reaffirmed the RBF’s commitment to managing Fiji’s foreign reserves sustainably, noting that close monitoring of global and domestic financial markets will continue.
