Teaching the ins and outs of financial management
Standard Chartered volunteers share know-how with children at 7 schools
Almost 450 employees from Standard Chartered Bank (Thai) recently put their skills to good use by going out into the community to help ensure that Thailand’s next generation does not fall into the painful trap of financial mismanagement.
They choose their holiday date, July 1, to conduct 35 sessions in seven schools in Bangkok, Ang Thong and Saraburi, reaching out to 1,380 students in total in just one day.
Standard Chartered’s staff members were truly able to bring the bank’s ideal to life by devoting the day to helping Thai children gain a better understanding of financial education.
Financial education and inclusion are important issues for Standard Chartered. The bank believes it is important to ensure that people have good financial education, so that they will be able to use financial services actively and responsibly.
Moreover, financial education is a crucial building block of economic citizenship and a means to protect Thais from overextending themselves financially, which in turn will promote stability in the Kingdom’s financial system.
This major exercise was organised by the bank to mark Standard Chartered’s 120th anniversary in Thailand.
Giving back to the community and supporting sustainable economic growth are the cornerstones of the bank’s approach to sustainability.
The lack of appropriate financial education limits economic opportunities for young people. Without such education, many youths are not prepared to take advantage of financial services that could help them save and plan for the future.
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