Heritage Bank foster financial inclusion strategy on Global Money Week

Heritage Bank Plc has joined the world to mark the Global Money Week (GMW) with series of educational programs targeted at tutoring children on the importance of financial literacy, while promoting savings, drive financial inclusion, invariably gain a higher standard of life and attain secured economy.

For the sixth year running, Heritage Bank has successfully commemorated the Central Bank of Nigeria’s(CBN) Financial Literacy Day, which is part of the activity to mark the GMW  this year. During this year’s Global Money Week with the theme: “Learn. Save. Earn,” the CBN mandated all banks to adopt schools to commemorate Financial Literacy Day.

The central bank directed Heritage Bank to adopt schools in seven states: Osun, Bauchi, Kebbi, Niger, Enugu, Delta and Ekiti for Financial Literacy workshops. Students and teachers were taught several concepts including; the role and management of money, needs and wants, benefit of budgeting, spending and savings. Whilst, others include savings with a financial institution, the basics of financial education and Heritage Bank savings product for young persons (Bud Account).

Addressing some of the participants, the CEO/MD, of Heritage Bank, Ifie Sekibo reiterated the importance for young Nigerians to financially and economically equipped for the development of the nation.

According to Sekibo, Nigerian youths and those around the world need to be fortified economically via financial literacy knowledge acquisition, which will aid them on learning, saving and earning money wisely.

In line with its mission to create, preserve and transfer wealth across generations, the Managing Director said Heritage Bank developed the HB Bud Savings Account to help its customers to create wealth for the children and provide them a future of financial independence.

“As a bank committed to creating, preserving and transferring wealth from one generation to the next, we have consistently maintained our position as the leading brand in financial inclusion initiatives by leveraging on CBN’s mandate to impact schools across the geopolitical zones and improve financial inclusion,” Sekibo reiterated.