Bank strengthens support towards financial inclusion
18 September, 2018, 4:00 am
ONE of Fiji’s leading banks has strengthened its commitment towards financial inclusion by strengthening its partnership with a local charity.
ANZ Bank has announced that it has committed $15,269.51 (AU$10,000) to Fijian charity Live & Learn that will go towards women in Drawa communities in rural Vanua Levu.
According to Live & Learn country manager Doris Susau, the support would go directly toward the economic empowerment of women and their livelihood activities in Drawa communities in rural and remote Vanua Levu.
A media statement from the blue bank stated that they had raised the funds through its Five to Thrive leadership challenge, where its staff members across ANZ globally were invited to commit to five leadership behaviours as daily habits.
With every challenge completed, ANZ donates AUD20 to a project.
ANZ Fiji Country Head Saud Minam said: “We’re pleased to strengthen our partnership with Live & Learn through our flagship financial literacy program, MoneyMinded, and to continue supporting their financial inclusion work with the villagers of Drawa.”
The donation will be used by five women’s groups in Batiri, Narailagi, Vatuvonu, Drawa and Lutukina to set up new businesses.
The expected impact of the donation will be:
- 200 women direct beneficiaries
- 1000 indirect community beneficiaries
- women effectively engage in community business initiatives
- women effectively engage in community economic decision making
- whole communities and families benefit from women’s improved financial literacy status
Dedicated to financial literacy
“ANZ is committed to helping people and communities thrive and we have taken another significant step in bringing this to life by establishing a dedicated financial inclusion team here in Fiji,” said Mr Minam.
“More than 9,000 Fijians have participated in MoneyMinded, which was made possible by ANZ staff volunteers. By establishing a team that is dedicated to the delivery of our MoneyMinded program, as well as other financial inclusion activities, we recognise the importance of financial literacy in our community.
“Independent research has confirmed that MoneyMinded is making an impact and ANZ will continue to support financial literacy here in Fiji because we believe that investing our efforts in this area is important.”