Asare Akuffo


HFC Bank Ghana recently launched its ?Enidaso? Account, a savings account targeted at young persons aged between 12 and18 years.

The account is aimed at inculcating the habit of savings into the youth by helping them save parts of their pocket money to cater for their basic needs and educational expenses.

The product was launched at Kotobabi No. 2 Cluster of Schools at Baatsona, off the Spintex Road in Accra.

In attendance were a lot of basic school children who were educated and counseled on basic financial literacy.

Charles Ofori-Acquah, Executive Director of HFC Bank, in charge of Business Development, said the ?Enidaso? Account afforded the youth an opportunity to operate their own account under the supervision of a trusted adult.

He said ?it would not only encourage savings in the youth but also introduce them to the banking sector and prepare them for adulthood.?

Mr. Acquah encouraged the youth, parents and guardians to take advantage of the Enidaso account and build financial reserves for future endeavours.

Kwesi Hutchful, Tema Metropolitan Director of Education, in a remark, encouraged children to take advantage of the product and be part of HFC Bank?s plan of securing a good financial future for them.

He congratulated the management of the bank for the laudable initiative to inculcate an investment culture in the youth.

The ?Enidaso? Account is part of a Youthsave Project, which is an initiative led by Save, the Children in partnership with the Centre for Social Development at the Washington University in St. Louis, USA.

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