Polaris Bank staff, representatives of Junior Achievement Nigeria (JAN), teachers and students during the Bank’s World Savings Day financial literacy engagement in Katsina, aimed at promoting a savings culture and encouraging responsible money management among young people.
Polaris Bank has reaffirmed its commitment to promoting financial literacy and responsible money management among youths through its World Savings Day engagement in Katsina, an educational initiative designed to instill a savings culture and encourage financial discipline from an early age.
The Managing Director/CEO of Polaris Bank, Mr. Kayode Lawal, reiterated the Bank's commitment to advancing financial inclusion through education and meaningful community engagement.
In his words, “At Polaris Bank, we recognise that building a financially responsible generation begins with education. Our engagement with students through initiatives such as World Savings Day reflects our commitment to ensuring that young people understand the value of saving, financial planning and responsible money management. We are deliberate about supporting initiatives that equip the next generation with practical financial knowledge and the confidence to make sound financial choices".
Speaking at the programme on behalf of the MD/CEO, Mr. Abba Jarma, Group Head, Kano Group, emphasised the importance of introducing financial education to young people early enough to shape their financial decisions and habits.
“Financial literacy is an essential life skill that every young person should acquire early. Beyond understanding the importance of saving, students need to develop the discipline to manage money responsibly, set financial goals and make informed financial decisions" he stated.
At Polaris Bank, we believe that equipping young people with this knowledge will help prepare them for greater financial responsibility and a more secure future.”
Mr. Jarma encouraged the students to put the lessons learnt into practice and appreciated the school management, teachers, organisers and other stakeholders for their contributions to the successful delivery of the programme.
The programme provided an interactive learning platform for students to understand the importance of saving, setting financial goals, making informed spending decisions and developing sound money management habits that will support their financial well-being in the future.
The engagement featured an interactive question-and-answer session, during which students demonstrated their understanding of the topics discussed. To recognise their participation and encourage active learning, Polaris Bank-branded gift items were presented to some of the students.
Beyond the financial literacy session, the Bank also used the opportunity to introduce relevant banking solutions for students and teachers. Information on account-opening requirements was shared, suitable banking products were discussed, and account-opening packages were distributed to facilitate access to the Bank's services.
The World Savings Day initiative reflects Polaris Bank's broader commitment to financial inclusion, financial education and community development. By engaging students at an early stage, the Bank seeks to nurture a generation of financially informed individuals who understand the value of saving, appreciate the importance of financial planning and are better equipped to make responsible financial choices.
The programme concluded with an expression of appreciation to the students, teachers, school management and all stakeholders for their participation and support. This was followed by a closing prayer and the distribution of refreshments.
Through initiatives such as this, Polaris Bank continues to support efforts to build financial awareness, encourage a sustainable savings culture and contribute to the financial empowerment of individuals and communities.
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