On April 13, 2023, Karachi In keeping with its innovative initiatives for empowerment, Standard Chartered Bank (Pakistan) Limited engaged more than 1200 underprivileged students from HOPE schools in a financial literacy module, which was followed by a lavish Iftaar-dinner. All of the kids in attendance received new outfits to wear on Eid ul-Fitr, which added to the excitement of the evening’s conclusion.

The program’s goal was to inform and mentor young kids about the significance of money and financial institutions. Over 150 Bank volunteers held lessons with the kids on money management and highlighted the digital future of financial institutions. Via its formal and informal school systems, vocational centers, and health care network, HOPE is an NGO that offers health and education services in Pakistan.

Speaking on the occasion, Rehan Shaikh, CEO, of Standard Chartered Bank Pakistan said: “The lack of Financial Literacy is a key barrier to financial inclusion especially amongst vulnerable populations such as youth, women, and micro & small businesses. The financial preparedness of youth is essential for their well-being, besides being vital for our economic future. The Bank recognizes the integral importance of nurturing sustainable communities through lifting participation, not only for the good of its own stakeholders but also for the public at large. There is much more to be done in this sector, and we at Standard Chartered are proud of our continued efforts to lift participation and support the Government and Regulator’s increased focus on the roles banks play in deepening financial inclusion and education.”

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