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FDB continues financial literacy programs in schools

September 12, 2019 10:15 am

The Fiji Development Bank continues its financial literacy program in 160 schools targeting over 30,000 students.

This was highlighted by FDB Chief Executive Mark Clough while presenting their annual report to the Parliamentary Standing Committee on Economic Affairs.

Clough says this is an area where it differentiates the Development bank from other commercial banks.

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“so it’s a case of getting them while they’re young in terms of teaching them about saving and investment. Then there are specific programs that we have as part of product development.”

Clough stressed that though financial literacy is not explicitly stated in the SDGs, FDB sees the program as a foundation of sustainable business.

The Fiji Development Bank hopes the financial literacy program will inculcate a culture of savings in the young generation.

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