HFC Bank and Westpac sign agreement

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HFC Bank and Westpac sign agreement to provide Banking services at the Nadi International Airport

Westpac and the Fiji-owned HFC Bank have entered into an agreement to provide banking and financial services at the Nadi International Airport with Westpac Nadi International branch officially opening its doors for business from Monday 16 November 2015.

The agreement follows the parties successfully winning the tender for Foreign Exchange Retail Concession at Nadi International Airport including the construction, installation and operation of the facilities.

Westpac submitted the tender in partnership with the HFC Bank. HFC Bank is co-financing the provision of a world class banking experience for customers at the busy Airport, where tourist arrivals and departures to Fiji exceed 850,000 per annum.

Westpac will have a full service retail branch in the International Arrivals Commercial concourse, Foreign Exchange booths in the International Arrivals Baggage Hall and an additional Foreign Exchange booth in the International Departures Lounge.

Westpac’s retail presence at the airport will be Westpac-branded, will operate on Westpac systems and platforms and will be managed by the bank’s local employees.

“We were pleased to submit this tender in partnership with HFC Bank, combining Westpac Fiji’s strength, size and expertise with HFC Bank’s reach as a bank that’s 100% owned by Fijian people,” said Adrian Hughes General Manager, Westpac Fiji.

“It’s terrific to have HFC Bank’s support as we provide passengers arriving to Nadi International Airport with access to an internationally recognisable brand to meet their banking and foreign exchange needs. We’re also pleased that customers will have the comfort of Westpac’s worldwide acceptance of international cards including China Union Pay,” Mr Hughes added.

“We are proud and honoured to partner with Westpac,” said Isikeli Tikoduadua, Chief Executive Officer of HFC Bank. “This collaboration not only blends the local and international banks, but for us at HFC Bank it provides returns to our shareholders, who are the people of Fiji.”   Mr Tikoduadua said that he is certain that this partnership will bring much awaited 24/7 banking services for international banking customers, and thanked the AFL board for considering the joint proposal.

“This joint venture is an excellent example of the cooperation between the two Banks, sharing a common goal of delivering superior banking services to its customers”, said Mr. Tikoduadua. “We believe in sharing each other’s success and HFC Bank is proud to be an investor in this initiative to support Westpac Banking Cooperation in establishing and operating Banking and Foreign Currency services at the newly refurbished Nadi International Airport” Mr Tikoduadua added.  Westpac has served the people of Fiji for over 100 years and we have full confidence that its State of Art branch set up at the Airport will provide unmatched customer satisfaction to our travellers and tourists and beyond.

With an interchange Agreement in place, this Joint Venture is a second collaboration that HFC Bank and Westpac has done in less than a year. We are optimistic that our continued partnership will enhance banking and financial services in Fiji and to both our customers. Mr. Tikoduadua further added.

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