SDG-16: Financial future - from today! Otbasy Bank specialists advised studentsFarabi University

SDG-16: Financial future - from today! Otbasy Bank specialists advised students

11 february, 2025

On February 11, an important information meeting was organized at Al-Farabi Kazakh National University with the participation of Otbasy Bank representatives on the National Fund for Children project. Students born in 2006-2007, studying at the Faculty of Philology, attended this event and received detailed information about the opportunities provided within the framework of the project.

During the meeting, Otbasy Bank specialists explained the project in detail and answered questions of interest to students. The National Fund for Children initiative, which has been implemented since 2024, provides for the opening of special savings accounts for children and adolescents under the age of 18 in the country. As part of this project, a certain amount of funds will be allocated from the National Fund annually, which will be spent on the important needs of children in the future. In particular, the allocated funds will be directed to education, the purchase of housing, medical services and other important needs.

The main audience of the meeting was students born in 2006-2007. This is because young people of this age group will soon turn 18 and will have the opportunity to use their savings in the right direction. On this occasion, Otbasy Bank specialists explained to students the procedure for opening savings accounts, its advantages and ways to effectively manage their funds. Students also asked the bank representatives their questions and received specific answers.

Students who participated in the event noted that this meeting was very useful. They received extensive information about their future financial opportunities and understood how to open a savings account. In addition, students who do not yet have a savings account were offered the opportunity to open a new account, and bank specialists explained in detail the procedure for its registration.

This information event was an important step in helping students improve their financial literacy, properly use state support opportunities and plan their future. Such meetings undoubtedly teach young people to understand financial issues from an early age and effectively manage their funds.