Financial support for Financial Literacy Workshop

    Bank provided financial support for conducting financial literacy wokshop to enhance financial knowledge among vulnerable groups, including middle-aged women, the elderly, and individuals with limited technological exposure, who are often at a heightened risk of financial exclusion due to a lack of financial education and digital banking familiarity. the workshop also featured sessions delivered by IT and Finance specialists to ensure comprehensive coverage of digital financial tools and sound financial practices.

    Objectives of the Financial Literacy Workshop

    The workshop aimed to address these challenges by providing targeted training and educational resources to participants. The key objectives included:

    • Educating participants on essential financial concepts such as budgeting, saving, and investing to enhance financial security.
    • Promoting the benefits and reliability of formal banking services as opposed to informal financial practices.
    • Encouraging digital banking adoption by providing hands-on training on mobile banking applications, online banking platforms, and cybersecurity measures.
    • Strengthening financial planning and debt management strategies to enable individuals to make informed financial decisions and achieve financial stability.
    • Reducing gender disparities in financial literacy by tailoring certain aspects of the workshop to address the unique financial challenges faced by women.