Financial literacy helps people to make important financial decisions. This includes decisions on how to receive money, make payments, save for the future or obtain financing. Financial literacy work by some of uab branches over period October 2021 to March 2022 included visiting villages around their vicinity. Some of the most frequent questions were on basic concepts of savings and receipt of payments from family members overseas. Enabling people to understand how basic banking works, enables uab bank to assist them in their everyday financial needs.
We thank uabians at our branches for the effort in this outreach.