Mozambique: Absa bank promotes ‘Happy Saving’ lectures in primary schools

Login

Register

http://www.clubofmozambique.com/

Mozambique: Absa bank promotes ‘Happy Saving’ lectures in primary schools

4:23 CAT | 26 Oct 2022

Photo: Absa Bank Mozambique

As a part of its ‘Savings Month’ activities, Absa Bank Mozambique is promoting educational lectures on savings in primary education establishments nationwide.

One of the bank’s main priorities regarding its citizenship actions is to convey its commitment to sustainable development, contributing to the empowerment of youth and to a society with adequate levels of education.

Promoting financial inclusion and strengthening financial literacy is one of the ways to empower the Mozambican population to develop economically and financially.

So, in the context of ‘Savings Month’, the banking institution joined several primary schools and has held lectures aimed at explaining to 5th Grade students the importance of saving, ways to save, what money is, what a bank is, and how this knowledge can prepare you for the future.

As this is an initiative of great impact, several employees of the bank have joined in to help the new generation become better informed and acquire the tools to manage their money.

Bank employee Achiana Khan shared her vision after the first lecture.

“If I had been taught the importance of savings at age 10, my relationship with money would be different. I work in a bank, and I am lucky to know how to manage my money well and now, to teach all these children the importance of respecting our parents’ money and in the future knowing how to value our money. An educated population is a capable population and that is where we would like to make a difference,” she said.

Another contributor participating in the initiative, Pedro Mondlane, said: “We don’t want to stop here. Through this project, we want to contribute to the empowerment of our children by raising the awareness of groups of Grade 5 students about the importance of saving in schools nationwide, as we know that to save means being prepared for the future.”

Investing in quality education and financial inclusion is the main basis for the development of a country and the basis of a sustainable society. Absa Bank Mozambique is focused on boosting Mozambique’s growth in a balanced way.

Source: Absa Bank Mozambique / Media Release