RHB Foundation (RHBF), launched two educational initiatives as part of its commitment towards Nurturing Future Generations.

NURTURING Future Generations (NFG), one of four pillars under RHBF aims to nurture and empower children and youth to achieve their fullest potential.

Launching of Nurturing Future Generations Programme

Established in 2015, RHBF has allocated RM2 million to drive ‘RHB X-Cel’ and ‘RHB MoneyMaster’ initiatives over the next two years.

“As an organisation that strongly supports continuous learning, RHB Banking Group is pleased to provide the younger generation with a platform to sharpen their knowledge and skill sets to enable them to excel academically,” said RHB Foundation Chairman and Group Managing Director, Dato’ Khairussaleh Ramli.

He also said that RHB recognises that investing in children and youth is essential for achieving the nation’s growth aspirations of inclusive and sustainable development. He further added that as a leading local bank, it is RHB’s responsibility to educate the younger generation to appreciate the importance of savings and sound financial management.

“As such, we are proud that RHB’s Nurturing Future Generations programme is aligned with the United Nations Sustainable Development Goals for Quality Education and Building Sustainable Communities’, he said.

The event was officiated by Amirudin Shari, Dato’ Menteri Besar Selangor. Also present was Izehari Basar, the Deputy Director of the Examinations Board (Operations), Pesol Md Saad, the Deputy Director (Schools), Department of School Management as well as officials from the Education Departments of Kuala Lumpur and Selangor.

Speaking at the launch, Amirudin said, “RHB Foundation recognises the need of our future generations particularly the children from B40 background and the need to elevate their socio-economic standing.

The two programmes – RHB Money Master & X-Cel, can help lift the level of education and knowledge especially among the B40 students. Not only would they have a chance to excel academically but they will also be financially literate to achieve financial freedom.

Hence, the objective to elevate their socio-economic standing would be materialized and in this regards, help our nation achieve its overarching goals as laid down by our Prime Minister in his speech when presenting the review to the 11th Malaysian Plan.”

‘RHB X-Cel’ is an academic excellence programme aimed at providing deserving children and youth from the underprivileged segments of the community with equal opportunities to excel academically through structured learning aids and tuition classes, focusing on 5 core subjects.

Introduced for the first time this year, more than 800 students from 18 schools across the nation have been selected to be part of this programme for academic year 2018. RHB X-Cel is expected to impact an additional 1000 students in 2019.

Realizing the importance of personal financial management amongst children and youth, RHB also introduced ‘RHB Money Master’, a financial literacy programme, targeted at secondary schools and college/university students, to educate the younger generation in managing their finances, cultivating healthy savings habit and teaching them to achieve financial freedom at a young age.

Launched in February this year, RHB Money Master includes 90-minute interactive sessions covering important topics such as savings tips, opening of banks accounts and how to recognise as well as avoid financial scams. To date, RHB has reached out to 9151 students from 43 schools across the nation.

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