ANZ Fiji has solidified its commitment to fostering financial education within the local community by signing a Memorandum of Understanding (MoU) with the iTaukei Affairs Board (TAB). This partnership aims to provide essential financial literacy programs to local businesses, entrepreneurs, and farmers, ensuring they gain valuable money management skills to enhance their economic stability.
The TAB plays a pivotal role in the governance and development of the iTaukei people, managing 14 provincial councils, 189 districts, and 1,181 village councils. With this collaboration, ANZ Fiji seeks to empower individuals to make knowledgeable financial decisions that can elevate their businesses and livelihoods. To date, the bank has successfully educated over 7,000 Fijians, a number that continues to rise.
Jone Navakamocea, acting permanent secretary of TAB, expressed enthusiasm for the partnership, stating, “We are delighted to collaborate with ANZ Fiji to empower our local businesses and farmers with essential financial skills.” He emphasized that this initiative is a significant step towards ensuring the economic prosperity of the iTaukei community, aiming to build a financially literate future.
Rabih Yazbek, the ANZ Fiji country head, reiterated the bank’s dedication to supporting the financial well-being of Fijian businesses and farmers through this initiative. He noted that equipping local entrepreneurs with vital financial management skills is crucial for their growth and for creating a better future for themselves and their families.
This initiative aligns with other financial education programs being implemented in Fiji, such as the ANZ Money Minded program targeted at seasonal workers, which highlights a broader movement to enhance financial literacy across the region. As these educational efforts expand, they create promising opportunities for participants to improve their financial situation and contribute positively to their communities.
The ongoing efforts to enhance financial literacy not only empower individuals but also help to build a robust economic foundation for the future, illustrating a hopeful path towards sustainable development and improved living standards in Fiji.
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