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17 March 2016

Bandar Seri Begawan, 17 March 2016. Following the kick off for Global Money Week on Monday, today 18 students from 6 schools continued the celebration at the Brunei Currency and Monetary Board in the Ministry of Finance Building with a life-sized board game.

The students, who are from Sekolah Menengah Rimba II, Sekolah Menengah Lambak Kiri, Sekolah Menengah Katok, Maktab Sultan Omar Ali Saiffudien and Sekolah Menengah Pengiran Anak Puteri Hajah Rashidah, Lumut were treated to an exciting financial themed life sized board game where they learnt about needs and wants, income and expenses as well as savings and growing their money.

Personal Financial Planners from Baiduri Bank mirrored their roles in real life as they were on hand to provide the students with financial solutions while the game was in progress as well as providing a brief on the objectives of the life-sized board game upon its completion.

In the end, Sekolah Menengah Katok emerged as the champion, followed by Sekolah Menengah Rimba II and Maktab Sultan Omar Ali Saiffudien.

Global Money Week is an annual global celebration that is organized internationally and coordinated by a non-profit making organisation, Child and Youth Finance International (CYFI), Netherlands.

This event, organized by AMBD with close cooperation with Ministry of Education is an annual event. In 2014, Global Money Week was observed in 118 countries where over 1 million children participated in the week-long activities.

Activities during the week-long event are designed to teach students wise money management, their different financial needs at different stages of life, discerning between needs and wants, and the financial responsibilities that come with it. It is also hoped that the students will have enhanced life skills such as negotiation, social interaction, decision making, volunteerism and of course knowledge on their core subjects such as Mathematics, Economics, Accounting, Business Studies and Commerce.

Baiduri Bank has been a strong supporter of Global Money Week for the past 3 years. In 2015, they were the official sponsor for the Financial ExploRace held at the Bio Innovation Corridor, in conjunction with the Global Money Week.

More information about Baiduri Bank's CSR activities can be obtained from the Bank's website at www.baiduri.com. The public can also follow Baiduri Bank Group on Facebook or @BaiduriBank on Instagram and Twitter.

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