Westpac Fiji has successfully enhanced the financial literacy of approximately 6,600 individuals in the past financial year, surpassing its annual goal. The training programs focus on foundational financial skills, such as personal budgeting and essential business principles aimed at entrepreneurs. These sessions were conducted in various urban and rural communities across the country, reaching not only individual participants but also corporate clients and students.
CEO Shane Smith emphasized Westpac’s commitment to providing free financial literacy training as a means to empower local communities. He stated that the knowledge gained through these sessions enables Fijians to make informed financial choices while equipping them with practical tips for effective money management and business finance.
Mr. Smith remarked, “Now more than ever before, the need to upskill people on financial literacy is vital,” highlighting the significance of financial education in today’s environment. He added that Westpac is dedicated to making these training opportunities accessible to everyone, including virtual formats for added convenience.
Participants have shared positive experiences; for instance, Asenaca Raikoti from Natokowaqa Estate in Lautoka expressed that the program motivated her to begin saving for a small food business. Similarly, Suliana Elizabeth Wise from the Navua Women Farming Group reflected on the importance of documenting all expenses, no matter how minor.
The financial literacy training is available to a wide array of individuals, community organizations, customers, and corporate entities, reflecting Westpac Fiji’s commitment to uplift society through financial education.
This initiative serves as a beacon of hope for many in the community, offering the skills and knowledge required to achieve financial independence and stability.
Summary: Westpac Fiji has trained over 6,600 individuals in financial literacy during the last financial year, surpassing its target. The free programs focus on personal budgeting and business basics, helping participants make informed financial decisions. The initiative is open to various groups, reinforcing the importance of accessible financial education for community empowerment.
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