November 22nd 2017

Business / News

Equity Bank teaches 5,000 students on good saving and investing habits

Equity branch managers of the respective branches led their teams in teaching and educating students how money management can help them gain financial freedom, and prepare them for the future. They encouraged the learners to start making the right financial decisions now.

By Priscillah Wanjirupwanjiru@kenyafreepress.comWednesday, 03 May 2017 12:32 EAT

Equity Bank through its branches reached out to 69 learning institutions during the Global Money Week where they tutored 5,147 students across Kenya about the advantages of saving and entrepreneurship in celebration of this year’s Global Money week, whose theme was “Learn, Earn and Save”.

In Kenya, the initiative is coordinated through the Kenya Banker’s Association and this year they extended the drive by a month due to the school holidays. During the period, Equity Bank employees reached out to 50 primary and 13 secondary schools across the country, providing them with the basics of financial education, learning materials that suited their age group and empowering them to be prudent from a young age, according to a statement provided by the bank.

For the primary school pupils, some branches donated piggy banks to encourage saving. Equity also reached out to six tertiary institutions by interactively teaching the youth on the importance of saving, being financially conscious and investing early in life. The bank distributed financial related booklets that addressed financial issues that suited their age category.

Equity branch managers of the respective branches led their teams in teaching and educating students how money management can help them gain financial freedom, and prepare them for the future. They encouraged the learners to start making the right financial decisions now so they build their understanding of how to earn, save and invest money. 

The Global Money Week is an annual global celebration set aside in March for youths to learn about money, saving, creating livelihoods and becoming financially literate.

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