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This blog is brought to you by Gilbert & Samuels Company Limited, a financial advisory services and consulting company based in Suva, Fiji.
To contact the authors of this blog, please call telephones (679) 3342719, (679) 3544897 or e-mail info@gilbert.com.fj.


Tuesday, October 31, 2006

Colonial National Bank makes F$8.89 million after tax profit

Colonial National Bank has made F$8.89 million after tax profit for the financial year ended 30 June, 2006. The bank's key disclosure statement published in the Fiji Times of 31 October 2006, stated that the bank's return on assets was 1.64% with a total assets growth of 20.9% from the preceding financial year. The bank's capital adequacy ratio was 10.9% compared to a minimum of 8% required by the Reserve Bank of Fiji. No comparative figures were given for the bank's performance over the preceding financial year. Note from GV : Business travellers to Suva who need accommodation can try out our two bedroom home. The home has a Personal Computer and Broadband Internet access provided for guests' use as is going at a promotional rate of F$112.00 per night (for the entire home). Check out links at the right hand side of this blog for details on amenities and view photos of the home. To contact us, you can e-mail gilbert@connect.com.fj or call telephones +679 3396427 or +679 9921427.

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