NMB Bank has continued its efforts to empower secondary school students with financial literacy, as part of its ongoing campaign to promote safe and responsible use of financial services among young people.
The initiative coincides with the arrival of new Form Five and Six students in various schools across the Same District.
In the latest phase of the program, a team of officials from NMB Bank, led by the Acting Branch Manager of NMB Same, Mr. Ibrahim Ngonwe, visited Kisiwani Secondary School to deliver financial education sessions to new students.
The team also helped the students open personal bank accounts, enabling them to safely save and manage their money.
The initiative also involved parents and guardians, who were educated on formal, safe, and modern methods of sending money to their children at school.
The aim was to reduce reliance on informal methods, which often increase the risk of loss or mismanagement of funds.
Preliminary data shows that over 400 accounts have already been opened for students at Same and Kisiwani secondary schools an indication of strong community response.
The program is being rolled out to all A-Level schools in the district, with the next phase targeting O-Level schools (Form Four and below).
NMB Bank reiterated its commitment to partnering with the education sector to enhance financial literacy among youth.
This initiative is part of the bank’s long-term strategy to nurture a generation that is financially informed and capable of making sound economic decisions from an early age.