KCB Bank Rwanda has resumed its campaign to boost financial education to help deepen the savings culture and access to finance. The bank last week hosted more than 25 students from Lycee de Kigali (secondary school) as part of this year’s Global Money Week celebrations. The students were tipped on money matters and the banking business. The Global Money Week is an annual financial awareness campaign designed to inspire young people to learn about money matters, livelihoods and entrepreneurship. According to George Odhiambo, the bank’s Managing Director, “Financial education has to start at an early age to facilitate a culture of saving, appreciation of the value of money and its impact on the quality of our lives.” It is because of this reason that we decided to give students a tour of the different units at the bank to boost their understanding of bank operations and money matters,” Odhiambo said. “For whatever you want to become in life, long term planning is an essential element of your journey. How you manage your time and money today will go a long way in helping you to achieve your dreams in the future,” he told the students. The bank recently stepped up efforts to promote digital finance and access to funding, payments and savings. It is currently conducting a countrywide awareness campaign to increase the uptake of digital banking products. According to Albert Akimanzi, the KCB Bank Rwanda head of marketing and corporate communication, there is need to sensitise the public about the importance of digital banking to increase financial inclusion in the country. editorial@newtimes.co.rw
