Australia and New Zealand Banking Group Limited (ANZ) PNG last week [15/0812], conducted financial literacy training as part of its MoneyMinded Pacific program from members of the Esso Highlands Limited Women’s Energy Network and students of the Badihagwa Secondary School in Port Moresby.
MoneyMinded Pacific is ANZ’s flagship financial literacy program aimed at helping people build their financial skills, knowledge and confidence and improve their savings behaviour.
ANZ PNG CEO Mark Baker said: “While we are all confirmed with financial stresses and issues, the ability to effectively deal with problems and knowing where to go for help makes the difference between coping well and suffering detrimental consequences.
“Since we launched MoneyMinded Pacific in Papua New Guinea in 2012, over 900 people have attended the program and we’re proud to be making a long-term difference to the financial wellbeing of the community.” Mr Baker said.
ANZ is committed to investing in the community and believes that a major challenge is the relative lack of knowledge about saving and setting financial goals.
ANZ will also be launching Mobile Phone Banking which will provide access to banking services in rural areas and allow customers to transact whenever and wherever they want.
MoneyMinded Pacific builds on financial literacy and inclusion programs that ANZ has developed in partnership with community organisations in Australia and New Zealand, particularly for Australia’s Indigenous communities.
ANZ has operated in Papua New Guinea for more than 100 years and employs more than 570 staff.