ANZ improves financial skills for students
(VOV) -ANZ has released a November 28 review of its MoneyMinded pilot programme, launched in Vietnam last year to help young Vietnamese students cultivate necessary financial skills.
According to the Foreign Trade University’s Institute of Economic and International Trade, MoneyMinded’s more than 170 university student participants learned the importance of setting financial goals, planning for the future, and healthy spending and savings habits.
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Over 80% of respondents referenced in the Institute’s MoneyMinded Impact Report said they now felt more organised when managing their money; 76.9% said their awareness of daily living expenses had improved; and 79.5% made sure to pay all bills on time.
Only 8.7% reported an inability to save money, down from 25.6% before the programme, and the proportion who said they now save on a regular basis doubled to 26.9%.
ANZ Vietnam CEO Tareq Muhmood described MoneyMinded as part of ANZ’s long-term commitment to helping improve financial inclusion for young adults and the financial wellbeing of communities more broadly.
“Our research shows students’ financial futures brighten significantly after participating in the programme,” he underscored.
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