Financial literacy is directly related to our business as a bank and we therefore have a responsibility and the unique ability through our financial skills and expertise to make a strong contribution to our community. Making financial decisions is part of life and young people and adults today must make increasingly important and complex choices about consumption, saving and investing. Basic financial literacy is a life skill that is very vital and a foundation for personal and national prosperity.

Increasing poor people’s access to better economic opportunities and financial tools can also help accelerate the rate at which they climb out of poverty and hold on to economic gains. Effective tools for savings, payment, credit, and insurance if readily available can help households improve their economic situations. The economically disadvantaged people don’t have formal accounts at financial institutions and they operate entirely on a cash economy. This means they use their cash, assets, informal lenders etc. to meet their financial needs which is insecure and expensive.