Housing Bank Participates in CBJ Initiative to Educate University Students Financially
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(Photo: Housing bank)
PRESS RELEASE — To commemorate the Arab Day for Financial Inclusion, Housing
Bank took part in the financial literacy and education initiative started by
the Central Bank of Jordan (CBJ). This event is celebrated annually on April
27, during which awareness sessions targeting university students in various
governorates of the Kingdom are organized as part of central Bank efforts to
promote community financial culture.
Within the framework of this initiative, the Housing Bank participated in all the awareness sessions implemented at Al-Khwarizmi College in Amman, Jadara University in Irbid, Mutah University in Kerak, and Aqaba University of Technology in Aqaba. The sessions covered a variety of topics, such as financial inclusion, the importance of savings, expense management, the most important principles of sound financial planning, and the characteristics of the new currency issuance. Additionally, it introduced techniques for detecting fraud and forgery through various channels, including electronic ones, as well as covering the subjects of money laundering and terrorist financing, and the insurance sector, in addition to the CBJ’s supervisory role over banks and non-bank financial institutions.
Housing Bank’s participation was due to its eagerness to support the efforts of the Central Bank of Jordan, as well as understand the connection between the proper use of financial and banking tools and services and increasing access to them, and the level of financial and banking awareness. It is crucial to financially educate members of society, especially in light of the digital transformation in the banking and financial sector, with a focus on young people, who are considered the most likely age group to use electronic channels.
It is noteworthy that Housing Bank presented many prizes in the form of savings accounts worth JOD 200 to students who showed outstanding performance in CBJ’s evaluation at the end of the sessions to determine the extent to which the students had benefited from them. The incentive programs encouraged students to apply the monetary knowledge they had gained, leading to a more prosperous future for them.
Disclaimer:
This press release is not produced by Jordan News. We do not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the body of the text.
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Within the framework of this initiative, the Housing Bank participated in all the awareness sessions implemented at Al-Khwarizmi College in Amman, Jadara University in Irbid, Mutah University in Kerak, and Aqaba University of Technology in Aqaba. The sessions covered a variety of topics, such as financial inclusion, the importance of savings, expense management, the most important principles of sound financial planning, and the characteristics of the new currency issuance. Additionally, it introduced techniques for detecting fraud and forgery through various channels, including electronic ones, as well as covering the subjects of money laundering and terrorist financing, and the insurance sector, in addition to the CBJ’s supervisory role over banks and non-bank financial institutions.
Housing Bank’s participation was due to its eagerness to support the efforts of the Central Bank of Jordan, as well as understand the connection between the proper use of financial and banking tools and services and increasing access to them, and the level of financial and banking awareness. It is crucial to financially educate members of society, especially in light of the digital transformation in the banking and financial sector, with a focus on young people, who are considered the most likely age group to use electronic channels.
It is noteworthy that Housing Bank presented many prizes in the form of savings accounts worth JOD 200 to students who showed outstanding performance in CBJ’s evaluation at the end of the sessions to determine the extent to which the students had benefited from them. The incentive programs encouraged students to apply the monetary knowledge they had gained, leading to a more prosperous future for them.
Disclaimer:
This press release is not produced by Jordan News. We do not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the body of the text.
Read more Sponsored Content
Jordan News
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