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.
By Peace Udugba
Polaris Bank has reaffirmed its commitment to promoting financial literacy and responsible money management among young people through its World Savings Day engagement in Katsina State.
The initiative, aimed at instilling a savings culture and encouraging financial discipline among students from an early age, provided an opportunity to educate young people on the importance of saving, financial planning and responsible spending.
The Managing Director/Chief Executive Officer of Polaris Bank, Mr Kayode Lawal, reiterated the bank’s commitment to advancing financial inclusion through education and meaningful community engagement.
Lawal said building a financially responsible generation begins with education, stressing that young people need practical financial knowledge to make sound financial decisions.
He explained that the bank’s World Savings Day initiative was designed to equip students with the knowledge and confidence required to develop good financial habits.
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 influence their financial decisions and habits.
Jarma described financial literacy as an essential life skill, noting that students must understand not only the importance of saving but also how to manage money, set financial goals and make informed spending decisions.
He encouraged the students to apply the lessons learnt in their daily lives and appreciated the school management, teachers, organisers and other stakeholders for their contributions to the success of the programme.
The engagement featured interactive learning sessions during which students were educated on the importance of saving, setting financial goals, making informed spending choices and developing sound money management habits.
An interactive question-and-answer session also formed part of the programme, allowing students to demonstrate their understanding of the topics discussed.
To encourage active participation, Polaris Bank presented branded gift items to some of the students.
Beyond the financial literacy session, 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 the bank’s services.
The initiative forms part of 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 and the importance of financial planning.
The programme ended with 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 the World Savings Day engagement, Polaris Bank continues to promote financial awareness, encourage a sustainable savings culture and support the financial empowerment of individuals and communities.
