Stanbic IBTC Reiterates Commitment To Financial Literacy Among Children

Stanbic IBTC Holdings Plc has reaffirmed its commitment to promote financial literacy among children.

During its Blue Kids event held recently to commemorate the 2023 Children’s Day, Stanbic IBTC strongly emphasised promoting financial literacy among children. Amidst pomp and pageantry, the Blue Kids’ event featured innovative and exciting activities, such as; a creative class, gaming activities, a financial fitness session and more.

During the occasion, head, Personal Clients at Stanbic IBTC Bank, Emmanuel Aihevba expressed his heartfelt wishes to all Nigerian children, emphasising their importance to the nation’s progress.

He said: “Children’s Day serves as a poignant reminder of the importance of nurturing and safeguarding the younger generation, who represent the future leaders and change-makers of the country.

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“Stanbic IBTC recognises its critical role in promoting children’s wellbeing and educational development and remains steadfast in its efforts to provide support and resources that contribute to their growth.”

Recognising the importance of instilling financial knowledge and skills early, Stanbic IBTC develops engaging and educational programmes that equip children with the necessary tools to make sound financial decisions and develop a solid financial foundation for their future.

Head, Client Experience at Stanbic IBTC Pensions, Layo Ilori-Olaogun also spoke about the various innovative initiatives Stanbic IBTC creates for the nation’s future leaders, saying, “one of these initiatives is the Children Educational Savings Scheme (CHESS) account, a special savings account developed to support parents in meeting the cash flow and timing needs of their children’s education.”

Ilori-Olaogun described Stanbic IBTC’s Education Endowment Assurance as another remarkable initiative and a vehicle for saving that secures a child’s future education to a targeted amount. It is a policy that guarantees peace of mind on a child’s/ward’s education and benefits one’s dependents in case of death.

As the nation celebrated Children’s Day, Stanbic IBTC renewed its commitment to championing the rights and well-being of Nigerian children. The firm remains dedicated to implementing impactful initiatives that foster growth, education, and development. By investing in the Nigerian child today, Stanbic IBTC is investing in a prosperous and inclusive future for all.

In 2020, Stanbic IBTC kicked off the Stanbic IBTC Education Trust (SET) scheme. The trust is a convenient and flexible investment plan with long-term benefits designed to support parents and guardians striving to provide quality education for their children and wards.