Bank’s financial literacy training reaches over 21,000

MORE than 21,000 people have received financial literacy training this year through the Bank of South Pacific’s banking education programme.
This includes 8000 students in 108 schools visited this year.
BSP’s acting general manager retail banking Kili Tambua said the bank saw the need to help students manage their finances better as they grow up.
“BSP continues to invest in communities and this year has visited 146 communities through our banking education programmes,” he said.
“The bank invested in training an additional 137 financial literacy trainers who have gone back to their branches to deliver training.”
Tambua said the bank also supported community projects on education, health, sports and the environment.
The training includes basics on budgeting, savings and mobile money, and banking education.
About 43 per cent of the participants were women.
“With the basic skills of budgeting and savings, we hope that we can help the population to be financially literate to better manage money,” he said.
“The desired outcome for the delivery of this training is to get everyone to be financially independent, understand the basics of budgeting and saving, and to start applying these skills to their lifestyle.”