BSP Goroka Assists TVET Students For Opening Accounts

BSP Goroka Assists TVET Students For Opening Accounts

BSP Goroka Assists TVET Students For Opening Accounts. In a significant move to support financial inclusion among students, the Bank South Pacific (BSP) Goroka branch in Eastern Highlands Province facilitated the opening of Sumatin savings accounts for around 200 students from the Awande Technical Vocational Training Centre in the Okapa district. This initiative aims to enhance financial literacy and provide students with safe and accessible banking services.

Special Weekend Arrangement

Rosemary Mawe, the BSP Goroka branch manageress, highlighted the special arrangement made with Awande TVET to serve students over the weekend. This initiative is part of BSP’s broader program to extend banking services to rural communities, particularly targeting students and the elderly, amidst the rising law and order situations in the country.

Extending Banking Services To Rural Communities

Ms. Mawe emphasized that Bank South Pacific is committed to creating access to secure money management, promoting electronic transactions, and encouraging a savings culture. The initiative reflects BSP’s dedication to supporting rural communities by making banking services more accessible and secure.

Collaborative Effort For Account Opening

In collaboration with Awande TVET staff on-site, BSP staff assisted 48 students in opening their savings accounts upon their arrival on Saturday. The students received their Sumatin cards instantly upon completing the account opening process, ensuring immediate access to their new accounts. Additionally, 19 of these students also opened phone banking accounts to facilitate easier transactions.

Continuing The Effort On Sunday

The effort continued on Sunday, with BSP staff processing 68 more savings accounts for students who had initiated the process on Saturday. Ms. Mawe noted that the staff worked in shifts to ensure continuous service, with some resting on Sunday while another group processed the Sumatin savings accounts.

Focus On Completing the Task

Ms. Mawe added that the focus was on ensuring all students opened their bank accounts before the end of the day and the weekend. This dedication to completing the task highlights BSP’s commitment to providing essential banking services to the students of Awande TVET.

Conclusion

The initiative by BSP Goroka to assist Awande TVET students in opening savings accounts is a commendable effort to promote financial inclusion and literacy. By making banking services accessible to rural students, BSP is fostering a culture of savings and secure money management, contributing to the overall development of the community.

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