Malaysian bank helps build financial literacy among Asean schoolchildren


Student winners flanked by Charina B. De Vera-Yap from Bangko Sentral ng Pilipinas (left) and Zamzamzairani (right).

TO continue enhancing financial literacy across Asean, Maybank and Maybank Foundation hosted the 3rd Maybank Regional Financial Education Excellence (Regional FinEx) Awards 2024.

The event was held at the Maybank Performing Arts Theatre (MPAT) in Bonifacio Global City, Manila, Philippines.

This year’s awards celebrated the achievements of schools, educators and families who build financial literacy among children.

It followed the success of previous Regional FinEx events held in Malaysia and Cambodia.

With the Cashville Kidz (CVK) Financial Literacy programme, Maybank is the first Malaysian and regional institution to have embarked on such a wide-scale effort.

Maybank Group and Maybank Foundation’s chairman Tan Sri Zamzamzairani Mohd Isa highlighted the importance of financial literacy.

“In a region where financial literacy levels vary widely, empowering young people with the skills to navigate today’s evolving economic landscape is critical.

“At Maybank Foundation, we support the region’s development by helping children acquire skills to make informed financial decisions, break the cycle of poverty and secure a brighter future,” he said.

Maybank’s CVK programme continues to address the need for financial education in schools across Asean by educating schoolchildren aged nine to 12 via an animated series.

Since its launch, the programme has benefitted over 370,000 schoolchildren and trained more than 6,300 teachers across nearly 1,370 schools.

These are spread across Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

Maybank Philippines Incorporated president and chief executive officer Patrick Dennis L. Solosa noted the CVK programme continues to evolve, combining elements of fun and learning to make it even more exciting and easier for children to become financially savvy.

The CVK programme is accorded co-curriculum status by Malaysia’s Education Ministry and is supported by the Philippines’ central bank and education department, Cambodia’s national bank and Ministry of Education, Youth and Sports and Indonesia’s Ministry of Education and Culture.

The awards ceremony recognised and showcased outstanding nominees from Malaysia, Cambodia, Indonesia, Philippines and Vietnam in the four categories.

These included the Best School Award for the school that best drove the Financial Literacy agenda in their school.

The Best Educator Award rewarded the teacher who ensured students achieve marked improvement in their pre- and post-assessment scores.

The Best Student Award was given out to the pupil with the highest post-assessment score while the Best Family Award recognised the family which showed the most effort in improving its financial standing.

Among those present were Malaysian ambassador to the Philippines Datuk Abdul Malik Melvin Castelino and Maybank Group chief sustainability officer Shahril Azuar Jimin.

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