While our primary focus over the past few years has been on COVID-19 customer support packages, this hasn’t stopped ANZ from working on other customer initiatives.
- All new Visa debit cards issued across the Pacific are now produced using a minimum of 70 per cent recycled plastic.
- We recently introduced a toll-free calling option in all our Pacific markets, reducing the cost of banking for customers.
- ANZ also supports Reserve Bank of Fiji, Reserve Bank of Vanuatu, Central Bank of Samoa, Central Bank of Solomon Islands efforts to make domestic payments faster and easier for customers.
- Many Pacific markets are still reliant on diesel for energy supply and ANZ is involved in funding proposals for renewable energy projects to help change that.
We are committed to playing our part in supporting the transition to net zero emissions by 2050 and the most important role we can play in meeting the Paris Agreement goals is to help our customers reduce emissions and enhance their resilience to a changing climate.
We want to be the leading Australia and New Zealand-based bank in supporting customers' transition to net zero emissions by 2050.
The path ahead
As borders reopen and tourists return, we are optimistic. It’s pleasing to see good credit growth and we have a healthy pipeline of business in most of our markets.
According to our latest Fiji Business Survey, business sentiment remains upbeat.
Businesses experienced good trading conditions in the fourth quarter of 2022, with 55 per cent of firms surveyed reporting higher demand during that period. And with international tourism in full flow, expectations of future sales, revenue and profitability look encouraging.
We know the path ahead still has many uncertainties and we will continue to focus on strengthening the bank for the future to ensure it remains relevant and successful over the long term in the Pacific.
Sarah Stubbings is ANZ Regional Executive, Pacific