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FCMB drills students on savings, financial management techniques

As part of First City Monument Bank’s (FCMB) Limited commitment towards securing the future of young Nigerians by way of growing their savings and financial inclusion understanding, it has concluded training for students of 30 secondary schools in Nigeria.

The training was part of FCMB’s activities to commemorate the 2017 Global Money Week and Financial Literacy Day celebration, with the theme, “Learn, Earn and Save’’.

Driven by the bank’s Corporate Social Responsibility (CSR) philosophy, the educative sessions were anchored by top officials of FCMB and simultaneously took place in five secondary schools each in six states.

The states include Anambra, Kebbi, Cross River, Ondo, Nasarawa and Taraba states.

Business Hilights recalls that the initiative of the Bankers Committee in collaboration with the Central Bank of Nigeria (CBN), the financial literacy programme is focused on educating the youth, especially students, on the economic environment, the key fundamentals of financial literacy, re-enforcing a savings culture, as well as introducing the basics of entrepreneurial and livelihood skills with a view to empowering the next generation to be self-reliant.

The 2017 edition marks the fourth consecutive year FCMB is actively participating in the project.

In his presentation to students of St. John of God Secondary School, Awka in Anambra State, FCMB’s Regional Director, South-East/South-South, Mr. Okey Ezeala, stated that imbibing financial principles at an early age will go a long way to help students and the young ones work hard, manage their resources effectively, appreciate how money works and how it can be channeled to productive ventures.

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