UOB Thailand launches UOB Money 101, an online financial literacy programme for underprivileged students nationwide
Bangkok, 28 September 2021 – UOB Thailand has launched UOB Money 101: Teen Edition, an online financial literacy programme aimed at equipping underprivileged students across the country with financial knowledge and skills to prepare them for the future. The programme, which is held in collaboration with the Thailand Collaboration for Education (TCFE), will help 1,000 students in its first year. This initiative is a part of UOB My Digital Space, a multi-year education programme to bridge the digital gap for students from disadvantaged backgrounds across the region and to connect them to a world of digital learning opportunities.
Through a series of engagement activities and online interactions over three months, the programme will provide lower secondary-level students with a comprehensive understanding of the journey to financial wellness and critical money management principles. The programme will also introduce the students to the concepts of budgeting and goal setting, enabling them to start financial planning early and to set their financial goals, no matter how big or small.
Mr Sanchai Apisaksirikul, Managing Director, Country Head of Finance and Corporate Real Estate Services, UOB Thailand, said, “The UOB Money 101: Teen Edition programme exemplifies the Bank’s long-term commitment to fostering social well-being for a more inclusive society. Being financially literate is an important life skill for sustaining financial security, particularly during times of uncertainty such as that brought on by the impact of COVID-19. We hope that with the financial knowledge they gain and habits they develop at a young age, these students will be able to manage their finances more successfully throughout their life.”
Ms Padcha Mahatumarat, Director, Thailand Collaboration for Education Project (TCFE), said, “Financial literacy is a critical component in closing the inequality gap among Thai children. Having gained knowledge about how to manage and to plan their personal savings early, they will be able to secure their financial situation and also help safeguard the financial security of their families and communities as a whole.”
This initiative is under the UOB Heartbeat Corporate Social Responsibility Programme that focuses on art, children and education, three areas the Bank believes are essential for the quality and progress of society.
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About UOB Thailand
United Overseas Bank (Thai) Public Company Limited (UOB Thailand) is a fully-licensed commercial bank with its network of 152 branches, 410 ATMs nationwide (as of 31 January 2021). UOB Thailand is 99.66 per cent owned by Singapore-headquartered UOB, which has a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America.
UOB Thailand is rated among the top banks in Thailand: AAA by Fitch Ratings. We offer innovative financial solutions, quality products and excellent services through understanding and identifying the needs of our customers.
Generations of UOB Thailand employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB Thailand is steadfast in its support of social development, particularly in the areas of art, children and education.
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