ANZ to Unveil Sustainable Development Initiatives in Asia Pacific

The ANZ banking group says it has new business opportunities in Asia and the Pacific that will deliver services to help remote and disadvantaged communities to develop and prosper.

ANZ Group Managing Director Asia Pacific, Alex Thursby be discussing these opportunities at the Business for Millennium Development Summit to be held in Melbourne in October.

Thursby says on example is a new partnership with the World Bank to help approved local financial institutions provide affordable loans to rural communities in Pacific Island countries for the purchase of renewable energy, a cheaper and more environmentally friendly alternative to diesel fuel.

ANZ is also developing initiatives in Asia, drawing on its experience with financial literacy and inclusion programs in the Pacific and Australia – including the ‘banking the unbanked’ program.

For example, WING is a new branchless banking project about to be trialled in Cambodia.

Thursby says it will provide low-cost, accessible and secure services to many previously ‘unbanked’ customers who will be able to use their mobile phones to make person-to-person payments, transfers and pre-paid purchases.

These and other initiatives will be discussed at the Summit on Friday 24 October, at the Park Hyatt in Melbourne.

Further information and registration details are available at: www.b4md.com.au