Press Release No. : 17/2025
Date : 17 September 2025
Press Release No 17 – Reserve Bank of Fiji Transfers Record Profit to Government for its Financial Year (FY) Ending 31 July 2025
Honourable Acting Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, Professor Biman Chand Prasad with Governor Ariff Ali and the RBF Board Directors during the handover of 2025 FY profits.
The Reserve Bank of Fiji (RBF) today presented its 2025 FY audited financial statements and operations report to the Honourable Acting Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, Professor Biman Prasad, together with the announcement of a transfer of $146.0 million to the Government, as required under the Reserve Bank of Fiji Act 1983.
In making the presentation, the Governor and Chair of the RBF Board, Mr Ariff Ali, highlighted that the Bank had again achieved a new record profit of $146.2 million for the financial year ended 31 July 2025, surpassing the record profit of $135.5 million recorded in the last financial year. The increased level of profits in the last two years has been significantly driven by the high level of foreign reserves maintained and complemented by higher interest rates in our trading partner economies in most part of the year.
The $146.0 million to be transferred to the Government is inclusive of the net profit earned and $0.8 million constituting one-fifth of the Revaluation Reserve Account, after a net transfer of $1.0 million to the RBF’s General Reserves.
When accounting for the 2025 FY profit, Governor Ali further highlighted that the RBF has in the last five years, transferred a total of $462.9 million to the Government. He emphasised that while as a central bank, the RBF is a not for-profit institution as it has the legislative mandate of macroeconomic and financial stability, having a strong balance sheet is important for ensuring confidence in the central bank’s role.
Governor Ali, however, stressed that future levels of profits to be transferred to Government are contingent on the level of foreign reserves and interest rate trends in the financial markets, going forward. While the RBF will maintain its commitment to effectively manage the country’s foreign reserves sustainably, it must be acknowledged that elevated global risks, particularly in relation to trade and geopolitics, will impact Fiji’s economic outlook, and the level of return from foreign reserves management. The RBF will continue to monitor developments in the global and domestic markets and align investment strategies accordingly.
The RBF Board in making the submission to the Honourable Acting Prime Minister duly acknowledged the dedication of staff, and the assistance and support of all RBF stakeholders, in the achievement of a strong positive financial outcome for the Bank’s 2025 FY.
RESERVE BANK OF FIJI
For further details, please contact:-
Communications Office
Telephone: (679) 3223 381 Email: info@rbf.gov.fj
Mr Mervin Singh – Manager Corporate Communications
Telephone: (679) 3223 229 Email: mervin@rbf.gov.fj