Banking on a top-rate New Zealand experience

Delegates from India, Philippines and Sri Lanka have been coming to Massey University to get a taste of New Zealand rural banking. The delegates are a mix of bankers, civil servants and senior company executives.

Massey University's Centre for Professional and Continuing Education (PaCE) and the Asia-Pacific Rural and Agricultural Credit Association work closely together to make these successful professional development events possible.

"The New Zealand leg of the programme has been nothing but superb," says a 2015 participant.

The association's goal and the purpose of this tailored course is to alleviate poverty in the Asia-Pacific region by improving rural and agricultural businesses, particularly finance.

"The course provided a more comprehensive coverage of all the value-chain actors in agriculture and its actual field exposure was really helpful," a participant says.

The one-week customised course takes place in the board rooms of banks and organisations in the field.

"The participants gain a comprehensive and balanced view of rural banking and finance in New Zealand – from the policy level to on-farm applications," programme co-ordinator Christina Baldarelli says.

The course has academic and practical components and participants enjoy day trips to wineries, dairy farms and much more.

The programme is becoming increasingly popular with two courses planned for 2016 - in Auckland and Waikato, and Manawatū and Wellington. Key contributors to the programme have included Rabobank, ASB Bank, Fonterra, the Reserve Bank of New Zealand, and the Embassy of the Philippines.

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