Objectives
We believe that financial literacy helps students and young adults become better equipped to take charge of their finances, make informed decisions, and avert the risk of falling victim to financial fraud. We therefore focus on providing such opportunities at an early stage of their life.
Cashless transactions
Daily transactions are becoming more electronic and cashless, as exemplified by credit cards, e-banking, e-commerce, and smartphone-based electronic money. Moreover, people are using such cashless transaction systems at an increasingly younger age, exposing them to new types of risk. In everyday life, while financial transactions are becoming easier and more frequent, financial crimes are also on the rise. Many people end up with excessive consumer debt or falling victim to financial crimes.
What we do
Against this backdrop, we continuously support financial education targeting youths, employing our practical knowledge cultivated through the provision of comprehensive financial services to a broad spectrum of the population.
Activities targeting children
In a narrow sense, financial and economic education is "the promotion of correct knowledge and understanding of personal money management and the financial system." In a broader sense, it means "nurturing attitudes that enable young people to understand the various movements of money and finance, think deeply about their own lives and society through this process, and refine their own lifestyles and sense of values so that they learn how to act independently in creating a richer livelihood and a better society." (Quoted from The Central Council for Financial Services Information 2007)
As our economic and social environments become increasingly diverse and complex, financial and economic education is generally perceived as a key to fostering each person's life skills.
Based on the idea of developing a deeper understanding of finance from a younger age, allowing children to become independent consumers in an increasingly complex and globalized society, we continue to engage in initiatives for financial and economic education with a particular focus on the elementary, secondary, and higher education level.
See activities targeting elementary and secondary education