Fijian seasonal workers benefit from ANZ’s financial inclusion program

Fijian seasonal workers benefit from ANZ’s financial inclusion program

By Naveel Krishant
Tuesday 21/06/2022
ANZ Fiji Country Head Rabih Yazbek.

Fijian seasonal workers have greatly benefitted from ANZ’s MoneyMinded financial inclusion program.

An independent report by the Royal Melbourne Institute of Technology has found that the program has significantly strengthened the financial knowledge, skills and capabilities of seasonal workers.

The report found that 96 percent of seasonal workers in the study reported that the MoneyMinded program had a positive impact on their financial well-being.

ANZ Fiji Country Head Rabih Yazbek says there was overwhelming evidence that the program helped seasonal workers to make most of their income from the work trips and invest back into their household and community.

Yazbek says many were able to diversify income streams, invest in their homes or small businesses, prepare for unexpected expenses and afford better education for their children.

He adds by promotion and encouraging financial literacy and education with seasonal workers, they are helping build a savings culture and reducing the reliance on remittances.

Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Womens Rugby World Cup 2022
Quarter-final qualification is now the goal for the Rooster Chicken Fijiana 15’s following their 21-17 victory against South Africa.
103 days ago

Queen Elizabeth II passes away
Queen Elizabeth II, the UK's longest-serving monarch, has died aged 96, after reigning for 70 years.
133 days ago

Fiji wins Melrose Cup after 17 years
Fiji wins the RWC 7s title after 17 year drought
134 days ago
President suspends Chief Justice Kamal Kumar after complaints of misbehaviour
Chief Justice Kamal Kumar has been suspended. President Ratu Wiliame Katonivere suspended Chief Justice Kumar with full pay on the advice of the Pr...
4 hours ago
Year 12 provisional results to be released tomorrow
The Year 12 National Examination Provisional Results will be released tomorrow. Acting Permanent Secretary, Timoci Bure says 13,281 students sat ...
7 hours ago

203,942 students assisted with a total payout of $40.8 million under the $200 back to school support
The Ministry of Finance has so far assisted 203,942 students with a total payout of $40.8 million under the $200 back to school support. The ...
8 hours ago

Doctor Jokhan resigns from PS Education position
Permanent Secretary for Education, Doctor Anjeela Jokhan has resigned from the position effective from today. Public Service Commission ...
8 hours ago

Fiji Cancer Society to provide free medical check ups in Taveuni this Saturday
People in Taveuni will be able to get free medical check ups this Saturday as the Fiji Cancer Society will be provide cancer education and screening ...
9 hours ago

We will continue to fight to have a Leprosy Free Fiji – Dr Lalabalavu
Although we continue to detect 4 to 7 new cases annually I have confidence in our staff at the Leprosy and Dermatology Department that they will lead ...
9 hours ago