First National Bank Ghana has launched a financial literacy training programme for over 40 Persons with Disabilities (PWDs). This initiative aims to equip participants with practical knowledge for informed financial decisions and improved economic well-being.
The programme, held in Accra, focused on effective money management, personal and business banking, and investment strategies. It featured modules titled “Understanding My Money” and “Growing My Money.” This training is a partnership with the Ghana Federation of Disability Organisations (GFD).
This effort aligns with Ghana's broader push for financial inclusion and economic empowerment for all citizens. The Persons with Disability Act, 2006 (Act 715), underscores the nation's commitment to integrating PWDs into mainstream economic activities. Such private sector initiatives complement government policies aimed at reducing economic disparities.
Akweley Laryea, Head of Retail Banking at First National Bank Ghana, emphasised the bank's commitment. She stated, “True financial inclusion goes beyond providing access to banking services.” Mrs. Laryea added, “It means equipping everyone with the knowledge, confidence, and support they need.”
This programme signals a growing recognition within Ghana's financial sector of the need for targeted support. Decision-makers and other financial institutions will observe the impact of such initiatives on economic participation. Increased financial literacy among PWDs could lead to greater entrepreneurship and reduced reliance on social welfare.
The training session brought together over 40 participants at the Ghana Federation of Persons with Disabilities conference hall. These individuals received instruction on crucial financial topics. The goal is to help them build long-term financial security.
First National Bank's initiative is part of its wider strategy to make banking more accessible. It also promotes financial literacy among vulnerable groups. This commitment extends to enhancing products, services, and employee capabilities. The bank aims to create an inclusive and respectful banking experience for all customers.
Before this training, First National Bank partnered with GFD to strengthen its capacity. This partnership included specialised disability inclusion training for bank employees across all departments. GFD's experts facilitated these sessions.
Rebecca Nunoo, Senior Disability Inclusion Advisor at GFD, commended First National Bank. She praised their proactive approach to advancing accessibility and inclusion. Ms. Nunoo noted, “This is the type of partnership that creates lasting impact.”
Sustained collaboration between the financial sector and disability advocacy organisations is crucial. Such partnerships help break down barriers. They ensure equitable participation in Ghana's economy. This program sets a precedent for other financial institutions to follow.
The bank's commitment reflects a responsible banking approach. It acknowledges that financial well-being is a fundamental right. This initiative directly addresses economic opportunities for PWDs. It provides tools for them to manage their finances effectively.
The modules “Understanding My Money” and “Growing My Money” are key components. They offer practical, actionable advice. Participants learn about budgeting, saving, and making informed investment choices. This knowledge is vital for personal and business growth.
First National Bank Ghana continues to pledge support for a more inclusive financial ecosystem. This ecosystem ensures every individual has the opportunity to participate and prosper. The bank aims to help achieve financial well-being for all its diverse customers and stakeholders.