Polaris Bank has reiterated its commitment to promoting financial literacy, financial inclusion and responsible money management among young people through its World Savings Day engagement in Katsina State.
The initiative, designed to instil a savings culture among students from an early age, provided an interactive platform for educating young people on the importance of saving, financial planning and making informed financial decisions.
The Managing Director/Chief Executive Officer of Polaris Bank, Mr. Kayode Lawal, reaffirmed the Bank’s commitment to advancing financial inclusion through education and meaningful community engagement.
Lawal noted that building a financially responsible generation begins with early education, stressing that young people must be equipped with the knowledge and skills required to develop sound financial habits.
“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,” he said.
He added that the Bank would continue to support initiatives that provide the next generation with practical financial knowledge and the confidence to make informed financial choices.
Speaking on behalf of the MD/CEO, the Group Head, Kano Group, Mr. Abba Jarma, emphasised the importance of introducing financial education to young people early enough to positively influence their financial habits and decisions.
According to him, financial literacy is an essential life skill that empowers students to manage money responsibly, set financial goals and make informed spending decisions.
“Beyond understanding the importance of saving, students need to develop the discipline to manage money responsibly, set financial goals and make informed financial decisions. 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,” Jarma stated.
He encouraged the students to apply the lessons learnt in their daily lives and expressed appreciation to the school management, teachers, programme organisers and other stakeholders for their contributions to the success of the initiative.
The programme featured interactive learning sessions covering savings habits, financial goal-setting, prudent spending and effective money management. Students also participated in a question-and-answer session, demonstrating their understanding of the topics discussed.
In recognition of their participation and active involvement, Polaris Bank presented branded gift items to some of the students as a means of encouraging continued interest in financial education.
Beyond the financial literacy engagement, the Bank introduced relevant banking solutions for students and teachers. Participants were provided with information on account-opening requirements, suitable banking products and account-opening packages to facilitate access to Polaris Bank’s services.
The World Savings Day engagement forms part of Polaris Bank’s broader commitment to promoting 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 appreciate the importance of saving, understand financial planning and possess the discipline to make responsible financial decisions.
The programme ended with expressions of appreciation to the students, teachers, school management and other stakeholders for their participation and support, followed by a closing prayer and the distribution of refreshments.
Through initiatives such as this, Polaris Bank continues to demonstrate its commitment to strengthening financial awareness, fostering a sustainable savings culture and contributing to the financial empowerment of individuals and communities.
