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The BIBF and Royal Humanitarian Foundation Successfully Conclude Financial Literacy Summer Camp Program for Youth

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The BIBF and Royal Humanitarian Foundation Successfully Conclude Financial Literacy Summer Camp Program for Youth

Tuesday, 19th September 2023

The Bahrain Institute of Banking and Finance (BIBF) and the Royal Humanitarian Foundation (RHF) announced the successful conclusion of the Financial Literacy Summer Camp Programme for the Kingdom’s youth.

The Financial Literacy Summer Camp was designed with the primary objective of cultivating financial awareness and competence among the youth of Bahrain. It aimed to impart essential knowledge about money management, inculcate prudent financial practices, and emphasize the significance of living within one’s means.

Furthermore, the programme was aligned with the broader objective of supporting the Kingdom’s Vision 2030 by nurturing a talented pool of young individuals for the job market, honing their skills, and preparing them for a dynamic future.

The comprehensive programme comprised a series of engaging lectures, hands-on workshops, and three enlightening field trips. These experiences enabled participants to gain insights into electronic financial transactions, closely observe the trading market, and explore the future landscape of the banking sector through visits to various institutions within the Kingdom.

The programme’s workshop sessions covered an array of critical topics, including money fundamentals, trading simulations, coding, and trading techniques. The culmination of the program was marked by the “Money Management Challenge,” a practical assessment that gauged the participants’ grasp of the concepts taught during the workshops.

This programme reflects the Institute’s belief in the significance of collaborating with both local and international institutions to nurture and enhance the skills of youth, through providing them with valuable training opportunities across various sectors, contributing to their personal development and growth.

The BIBF and RHF extend their heartfelt gratitude to SICO Bank for their invaluable sponsorship, as well as to Bank ABC, ila Bank, and BENEFIT Company for their constructive cooperation and warm welcome extended to the participants. Together, they aim to inspire and motivate the young generation to seek knowledge and contribute to building an informed, financially astute society.

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