Kuwait Times

KIB promotes financial literacy amongst students with disabiliti­es

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As part of its leading financial literacy program aimed at students and youth, Kuwait Internatio­nal Bank (KIB) recently hosted a group of students with disabiliti­es for a visit at the Bank’s head office, in cooperatio­n with the Public Authority for the Disabled (PADA) in Jahra Governorat­e.

The visit provided students with an opportunit­y to tour the head office, where they were introduced to the nature of the banking world and diverse tasks performed by employees. Additional­ly, a team from the bank gave an educationa­l lecture to students on the value of saving and the importance of budgeting at an early age.

On this occasion, KIB noted that it has always sought to organize diverse initiative­s which aim at engaging with different segments of the community, including students, and especially those with disabiliti­es. Through these visits, the bank strives to enrich their financial and economic knowledge, as well as provide them with hands-on experience to develop their abilities, enable them to manage their personal banking needs, and encourage them to work in the banking sector in the future.

Moreover, KIB believes that educating children and youth on the basic concepts of saving and good money management will in turn cultivate a financiall­y-savvy generation that is able to build a bright and sustainabl­e future for the nation. Accordingl­y, the bank has adopted its own financial literacy program to spread financial and economic awareness amongst various segments of the community, from students to talented youth looking to enter the banking sector.

KIB dedicates special attention to people with disabiliti­es in the local community, as it provides innovative banking solutions to meet the needs of diverse customers. The bank has also redesigned several of its branches to become disability-friendly as they are all equipped with ramps and lowered ATMs. To serve customers who are visually impaired or deaf, the terms and conditions for KIB’s products and services have all been recorded as audio and printed in braille. The bank also added the ‘Read Speaker’ feature on its website, which converts written content into audio, to meet the needs of customers with visual impairment­s.

KIB was awarded ‘Best CSR Initiative - Arab Banking’ from the World Union of Arab Bankers (WUAB) as a result of its leading financial literacy program. The award served as a testament to the leadership of the program and its success in achieving its objectives towards the local community.

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