Herbert Wigwe, Group Managing Director, Access Bank, has emphasized the significance of promoting a savings culture among children as an essential factor for child development, as the continent’s largest retail bank joined the global community to commemorate the World Savings Day last week.
Building on its intensive effort to promote financial literacy and inclusion, the Central Bank of Nigeria (CBN) assigned 31 schools to Access Bank, across six geo-political zones in the country, to sensitize them on the importance of building a savings habit.
Speaking on the significance of being avid savers, the CEO’s representative said: “Imbibing a savings culture is an important aspect of child development, and as parents, guardians and teachers, it is our responsibility to instil in them this mentality. Apart from equipping them with financial freedom, it encourages a sense of discipline and planning, applicable to other spheres of life and important for them as they grow”.
