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The Belize Bank Celebrates Financial Literacy Education

Friday, May 8th 2015. BMG: The Belize Bank Limited through its annual corporate social responsibility programs and initiative is proud to support PwC, Peacework and their partners, the Ministry of BB-Financial Lit Edu Press ReleaseEducation, Youth and Sports in bringing greater awareness to the primary and secondary school children on the subject of Financial Literacy.

PwC/Peacework conducted educational lessons on Financial Literacy and Entrepreneurship Integration to Standards IV, V and VI students of St. John’s Anglican Primary School in Belize City. To mark the occasion, The Belize Bank Limited distributed 100 piggybanks to the students as it shared its message on the importance of savings and using these piggy banks as they developBB-Financial Lit Edu Press Release(1).jpg4 and build this important habit of being financially responsible individuals.

The Belize Bank also participated in the High School Innovation Challenge where it had the opportunity to mentor a group of students and to work along with them as they created their business plan incorporating financial literacy and challenging them to solve some of the City’s biggest problems. Last year the focus was on garbage disposal. This year, the focus was on re-engaging high school dropouts and addressing youth unemployment. The Belize Bank mentored two high school namely, Canaan Seventh Day Adventist and the Belize Rural High.

The Bank’s representative, Alex Nolberto, Senior Credit Analyst and Marlowe Neal, Corporate Manger provided guidance and mentoring to the students. The groups presented their solution to the youth unemployment BB-Financial Lit Edu Press Release(1).jpg3problem to a panel of judges at the Community Fair at ITVET on May 6th, 2015.

“Their concepts were practical and included community participation at all levels. Belize Rural High School placed second among fifteen participant”, commented Alex Nolberto. “It’s a privilege to be a participant in this process and as Mentor”, Nolberto went on to say.

Belize BankBB-Financial Lit Edu Press Release(1).jpg2’s Corporate Manager, Marlowe Neal comments, “I’m impressed by the creativity and drive of the students in the development and delivery of their solutions to address Youth unemployment. The experience they received is truly invaluable. These students are the future stewards of our country.”

The Belize Bank applauds the effort of the Ministry of Education, Youth and Sports, PwC, and Peace work in growing Financial Literacy education in Belize and encourages the educational institutions to continue taking on an active role in building a strong foundation for Belize’s future generation. BB-Financial Lit Edu Press Release(1)

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