Chonburi and Rayong school children are being encouraged to start
planning their financial futures now with a “School Banking Project”
launched by Citibank and Plan International.
are being taught how to save money for their future.
At a Sept. 27 press conference at Nernplabwan School, Citibank Thailand
Country Officer Peter Elliot and Plan International Thailand office
Director Maha Kubarubia announced the project with four schools to
promote saving money and financial discipline.
“With Citi’s vision to expand financial opportunities for the
disadvantaged in various communities, we have decided to instill
financial discipline in Thai students to learn to save and create
stability for the nation,” said Elliot, who also heads the bank’s
Institutional Client Group.
Maha said Nernplabwan School would be joined by Wat Khothitharam, Wat
Nernphra and Wat Paaknam schools in the project. If successful, the
pilot program would be expanded to nine schools in Chonburi and Rayong
provinces as well as Chiang Mai within two years.
The School Banking Project envisions children learning about banking and
practicing social and financial activities. About 1,500 students will
participate with 40 to be chosen to run the bank.
The overall plan is to have a global children’s charity which operates
in 48 countries across Africa, Asia and the Americas. It is made up of
21 national organizations responsible for raising funds and awareness in
their respective countries.