Polaris Bank has reaffirmed its commitment to promoting financial literacy, responsible money management and financial inclusion among young people through its World Savings Day engagement with students in Katsina State.
The educational initiative, designed to instil a sustainable savings culture and encourage financial discipline from an early age, provided students with practical knowledge on the importance of saving, financial planning and making informed financial decisions.
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.
He said: “At Polaris Bank, we recognise that building a financially responsible generation begins with education.
Our engagement with students through initiatives such as World Savings Day reflects our commitment to ensuring that young people understand the value of saving, financial planning and responsible money management.
We are deliberate about supporting initiatives that equip the next generation with practical financial knowledge and the confidence to make sound financial choices.”
Speaking on behalf of the MD/CEO, the Group Head, Kano Group, Mr. Abba Jarma, underscored the importance of introducing financial education to young people early enough to influence their financial habits and decisions positively.
According to him, financial literacy is an essential life skill that empowers young people to manage their resources effectively, establish financial goals and make responsible financial choices.
He stated: “Financial literacy is an essential life skill that every young person should acquire early.
Beyond understanding the importance of saving, students need to develop the discipline to manage money responsibly, set financial goals and make informed financial decisions.
At Polaris Bank, we believe that equipping young people with this knowledge will help prepare them for greater financial responsibility and a more secure future.”
Mr. Jarma encouraged the students to apply the lessons learnt, while appreciating the school management, teachers, organisers and other stakeholders for their contributions to the success of the programme.
The engagement featured interactive learning sessions that exposed students to the importance of cultivating regular savings habits, setting financial goals, making informed spending decisions and developing sound money management practices.
An interactive question-and-answer session also provided students with the opportunity to demonstrate their understanding of the topics discussed. In recognition of their participation and enthusiasm, some students received Polaris Bank-branded gift items.
Beyond the financial literacy discussions, the Bank introduced relevant banking solutions designed to improve access to financial services for students and teachers.
Participants were provided with information on account-opening requirements, suitable banking products and account-opening packages to facilitate access to Polaris Bank’s services.
The World Savings Day engagement forms part of Polaris Bank’s broader commitment to financial inclusion, financial education and community development.
Through such initiatives, the Bank seeks to nurture a generation of financially informed individuals who appreciate the importance of saving, understand financial planning and are better equipped to make responsible financial decisions.
The programme ended with an expression of 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 sustained investments in financial education and community engagement, Polaris Bank continues to support efforts to strengthen financial awareness, promote a sustainable savings culture and advance the financial empowerment of individuals and communities.
