Heritage Bank Deepens  Financial Literacy In Nigeria

Heritage Bank Plc is deepening  financial literacy in the country  as it marks this year’s Global Money Week.

The bank explained that the gesture is in line with  the Central Bank of Nigeria’s (CBN) Financial Literacy Day,

The 2022 Global Money Week was scheduled to take place from the 21st – 27th of March 2022 and this year marks the 10th anniversary of the annual event with the theme, “Build your future, be smart about money.”

One of the activities to  mark the 2022GMW was the partnership with the Heart-to-Heart Foundation on building successful families by educating married couples, counselling teens and young adults and holding awareness campaigns and to enlighten them on Financial Literacy.

The bank’s Executive Director, Jude Monye reiterated Heritage Banks’ commitments to further entrench financial inclusion, seeing financial literacy as a key enabler in the bank’s quest to drive financial inclusion, which could also be achieved when young Nigerians are properly educated on the significance  of making sound decisions on money matters.

Speaking at the Heart-to-Heart conference titled, “The Cheating Mind,” Ozena Utulu, Ag. Group Head, Corporate Communications emphasized the importance of financial intelligence.

She explained that the development  would help  in securing the future of the young ones, enable them to make better financial choices, create a sense of responsibility with money which would in turn finance their skills in the future.

According to her, time management is imperative and should be well understood in order to make money.

Utulu advised the youths to “start saving now, make the right choices while spending money by creating a budget, identify the needs and wants and also imbibe the culture of savings, be smart about how money is spent and spend money wisely.”

She disclosed that Heritage Bank as part of engendering saving culture, Heritage Bank would assist commence saving with the various account opening packages like the Bud account for students and Tier 1 account for young adults.

Also speaking at the event, the Co-convener, Heart to Heart Foundation, Dr. Stephine Oarhe commended Heritage Bank for being at the forefront to instil financial knowledge and saving culture amongst the young generation.

She admonished parents not to entrust their responsibilities to children and allow them to grow before assuming the adult responsibilities