A Meeting Aimed at Improving Youth Financial Literacy Was Held
On September 29, 2026, representatives of Otbasy Bank JSC visited the Faculty of Physics and Technology at Al-Farabi Kazakh National University, where they provided students with information about the objectives of the «National Fund for Children» project, its implementation mechanisms, and the financial opportunities it offers.
The main objective of the meeting was to raise students' awareness of government financial initiatives, improve their financial literacy, and develop their financial planning skills for the future. Bank specialists explained the procedures for using the funds allocated under the project and highlighted their importance in improving housing conditions and covering educational expenses.
During the information session, the specialists provided a detailed overview of the operating principles of the «National Fund for Children» project, the specifics of targeted savings accumulation, the allocation of funds, and the conditions governing their use. Students were informed about the ways in which accumulated funds may be used in accordance with legal requirements, including the possibility of allocating them towards purchasing housing and paying for educational services.
In addition, representatives of Otbasy Bank JSC provided practical guidance on opening deposit accounts and using accumulated funds for their designated purposes. They explained the key requirements to be considered when opening a deposit, the list of necessary documents, and the application procedure. They also highlighted the importance of properly planning one's personal financial resources.
The meeting continued in an open discussion format, giving students the opportunity to ask questions and receive answers from bank specialists. This direct interaction enables young people to gain a deeper understanding of the government project, obtain relevant information directly from professionals, and clarify important issues related to the use of accumulated savings.
The event also placed particular emphasis on the role of financial literacy in everyday life. Effective money management, advance financial planning, developing savings habits, and making responsible financial decisions are essential skills for today's young people. In this regard, access to information about government programmes helps students better assess their future social and economic opportunities.
Al-Farabi Kazakh National University places particular emphasis not only on the professional and academic development of its students but also on fostering essential life skills. Organizing joint information sessions with financial institutions contributes to improving students' financial literacy, expanding their awareness of government support measures, and creating favourable conditions for confident future planning.
