DBS and SGX Launch Financial Education Course for Budding Investors



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DBS Bank and the Singapore Stock Exchange (SGX) Launch a Financial Education Program

It aims to give people who are just starting to invest the knowledge and skills needed to improve their financial literacy [19659002] DBS and SGX Academy, an education division of SGX, will develop educational materials for each consumer segment, including interactive webinars, e-tutorials, and articles on the Web.

They identified three segments to target: to allow women various stages of life; launch young adults out of their financial path by cultivating good investment habits; and help people in their fifties and sixties to supplement their retirement funds.

DBS will use its banking data to identify the investor profile of customers and offer educational options.

While the program targets DBS customers, others may Ms. Tan Su Shan, head of the personal banking and wealth management group at DBS, said: "We are aware that the lack Financial literacy prevents consumers, especially young adults, from investing their money. By combining our strengths with SGX, we are looking forward to providing aspiring investors with easy access to greater financial literacy with respect to investments and to increase the number of active investors to Singapore. " – THE STRAITS TIMES

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