- Stanbic IBTC Empowers Youths
Stanbic IBTC Bank is promoting financial literacy among the youths. The scheme is part of its commitment to the 2018 Financial Literacy Day meant to mark the Global Money Week slated for March 12 to 18.
The bank moved the full apparatus of its mobile Automated Teller Machine (ATM) van from Lagos to Ibadan Grammar School, one of the 31 allocated schools across the country where its senior executives, including its chief executive, made presentations to students on financial literacy.
Chief Executive, Stanbic IBTC Bank, Demola Sogunle, while making a presentation entitled: Money Matters, Matter at Ibadan Grammar School, Molete, Ibadan, Oyo State, stated that exhibiting exemplary financial discipline and independence as adults can only be possible if students and young adults inculcate the indispensable fundamentals in financial knowledge while still in the mouldable stage of life.
He said the importance of financial literacy cannot be over-emphasised and went further to advise the students on the need to have a good understanding of basic money management skills such as living within a budget and to always define and differentiate their needs and their wants, which undoubtedly will put them in good stead for better management of finances and future success. The school principal, Oyeade Ajani, commended Stanbic IBTC for going far and above the basic requirements for the Financial Literacy Day in organising what he described as the best the school has hosted, describing it as a priceless gesture.