ANZ Solomon
Islands
recently ran its
financial literacy
program,
Money Minded, for the
Solomon Islands Women in Business
Association
(SIWIBA)
and
Malaita
Entrepreneurs Association (MEA) in Auki.
The
22 participants said the format and content of the training was simple, practical and applicable to everyone.
ANZ Solomon Islands CEO Barry Sowman said: “Money Minded is a powerful tool to use within
communities as it is simple and comprehensive and people from all walks of life
can use it to achieve their
financial goals, save money
and change their spending habits.”
Money Minded Pacific is a new financial literacy
program designed for communities to improve their financial skills, knowledge and confidence. It is the first of its kind designed specifically for
a Pacific audience. The program teaches
participants how to save and manage money.
ANZ Solomon Islands is taking the lead in the Pacific with the number of participants engaged so
far. Participants
who have joined
the program share the view that this basic knowledge is useful
in
combating poverty in the Solomon Islands
and
decreasing dependency on families.
One of the Participant, Clera Rikimani
said: “Savings is common knowledge but this training
really simplifies how to prioritize spending and how to set goals and meet them through the simple habit of saving.”
Mr Sowman said: “ANZ is committed to investing in the community and believes that a major challenge for rural communities is the lack of knowledge about saving and setting financial goals. We would like to see this program drive changes
in spending habits. Next year, we will
launch Mobile Phone Banking which will provide access to banking in rural areas
and allow customers to transact
whenever and wherever they want.”
ANZ supports a range of local community projects including providing rural banking services.
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