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Press Release 26 June 2015

HKAB Launches Youth Financial Education Programme

The Hong Kong Association of Banks (HKAB) joined hands with St. James' Settlement today to launch Youth Financial Education Programme (the Programme) which aims to train tertiary students to become Young Financial Ambassadors who in turn will impart their learning to other students.

Mr. Eddie Ng Hak-kim, Secretary for Education of the Government of the Hong Kong Special Administrative Region, Mr. George Leung, HKAB Acting Chairperson and HSBC's Advisor, Asia Pacific, took part in the Programme's Ambassador Delegation Ceremony today together with Committee Members of the HKAB.

In the coming three months, a team of 30 Young Financial Ambassadors, together with HKAB volunteers, will meet with 1,500 secondary school students to pass on the important concepts of personal finance such as savings, investment, insurance and loans, through games and group activities.

Secretary for Education Mr. Eddie Ng, said, "Since its formation in 1981, the Hong Kong Assoication of Banks has been acting as the bridge of communication between the government and the industry, and contributed to the healthy development of the industry. In recent years, it has also actively rolled out a range of community programmes. The Youth Financial Education Programme, its latest initiatives, is in line with the Government's policies on vocational training, personal development among secondary students and closer collaboration between tertiary institutions and the industry."

Mr. George Leung, HKAB Acting Chairperson said, "As students graduate from their studies, many of them will enter the workforce in different industries. Understanding their own personal goals, and having a responsible attitude towards managing their own finance are a crucial part of their future development. The Youth Financial Education Programme is designed to help students gain a good understanding of financial management concepts and identify their goals for personal growth."

Following a competitive two-round selection process, 30 tertiary students were chosen to receive a training course with activities including a training camp, workshops on financial knowledge and self-discovery, as well as group presentation skills. As Young Financial Ambassadors, they are tasked with leading secondary students to participate in the Programme's various activities and help them to be acquainted with financial management concepts.

Over the years, HKAB has brought together member banks to give back to society through a range of initiatives under its "We Care, We Share" commitment. Apart from "Youth Financial Education Programme", the industry body has also run other community programmes such as teaching senior citizens how to use ATM, hosting financial management skills workshops for low-income families, and "Junior Banker Induction Programme", which introduces secondary school students to the basics of daily banking operations through branch visits and interactive activities.

Photo captions:

      

 1. Mr. Eddie Ng Hak-kim, Secretary for Education of the Government of the Hong Kong Special Administrative Region and Mr. George Leung, Acting Chairperson of HKAB, officiate the Delegation Ceremony of the Youth Financial Education Programme together with Committee Members of HKAB.

 

2. Committee Members of HKAB share their financial and career advices with Young Financial Ambassadors.

 

3. Mr. Eddie Ng Hak-kim, Secretary for Education of the Government of the Hong Kong Special Administrative Region says the government values the importance of educating students in their career and life planning. With the involvement from the business community, students are able to broaden their horizons and in turn helps them in realizing their vision of the future life.

 

4. Mr. George Leung, HKAB Acting Chairperson says the Youth Financial Education Programme is designed to help students gain a good understanding of financial management concepts and identify their goals for personal growth.

 

Media enquiries:
Mr Henry Chan
Secretary of HKAB
Tel: 2521 1169 / 2521 1160

 

The Hong Kong Association of Banks
26 June 2015

 

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