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POSB commemorates Global Money Week

Local News
This year, POSB is taking significant steps to engage the community and educate the next generation on financial management.

THE People’s Own Savings Bank (POSB) is proud to join the rest of the world in commemorating the 2025 Global Money Week, an annual event dedicated to raising awareness about the importance of financial literacy and inclusion among young people.

This year, POSB is taking significant steps to engage the community and educate the next generation on financial management.

This year’s Global Money Week is commemorated from March 17-25.

As part of the celebrations, POSB is exhibiting at the Reserve Bank of Zimbabwe (RBZ) Sports Club.

The exhibition aims to showcase the bank’s wide range of financial products and services, emphasising the importance of saving, budgeting, and responsible financial planning.

Visitors to the exhibition will have the opportunity to interact with POSB representatives, learn about various financial tools, and gain insights into effective money management practices.

POSB offers youth-friendly products, including Youth Account and JuniorSave products.

These products are designed to help young people start their financial journey on the right foot, encouraging good saving habits and financial responsibility from an early age.

In addition to the exhibition, POSB’s service centres are actively visiting various schools across the country.

These visits are designed to provide students with practical knowledge and skills related to financial literacy.

Through interactive sessions and engaging activities, POSB aims to empower students with the understanding they need to make informed financial decisions in the future. This year’s Global Money Week theme, Think Before You Follow, Wise Money Tomorrow, focuses on the importance of developing sound money management skills and recognising emotional triggers in financial decision-making.

The theme highlights the need for young people to critically evaluate information sources, especially in the digital age where financial advice can be influenced by social media and other online platforms.

“As a people’s bank, we are thrilled to be part of Global Money Week and to contribute to the financial education of our youth,” POSB said in a statement.

“By participating in this initiative, we hope to inspire young people to take control of their financial futures and to understand the value of sound financial practices.

“We urge youth to visit our website or service centres to open accounts. We have custom-made products for young people, including Youth Account and JuniorSave account, readily available to them.”

Global Money Week is an initiative of the Child and Youth Finance International movement, which seeks to ensure that all children and youth have access to high-quality financial education.

POSB’s involvement in this event underscores its commitment to fostering financial literacy and inclusion within the Zimbabwean community.

For more information about POSB’s activities during Global Money Week, customers can visit POSB’s social media platforms.

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