Central Bank and Clearing Banks' Association hosts financial literacy fair at Fusion Superplex

Mon, May 20th 2019, 10:30 AM

The Central Bank of The Bahamas , in collaboration with the Clearing Banks Association (CBA), will host the first Get Money Smart Bahamas Financial Literacy Fair on Saturday, May 25, 2019 at Fusion Superplex, John F. Kennedy Drive and Gladstone Road. At the event, the hosts will share information about saving, spending, budgeting and making sound financial decisions to help attendees improve their financial state. Participating CBA members include Bank of The Bahamas Limited, Commonwealth Bank Limited, CIBC FirstCaribbean International Bank (Bahamas) Limited, Fidelity Bank (Bahamas) Limited, Scotiabank (Bahamas) Limited, and RBC Royal Bank (Bahamas) Limited.

“This event is bringing together all of the Clearing Banks to give Bahamian consumers as much support as possible in building and maintaining a strong financial future for themselves and their families,” said Gowon Bowe, Chairman of the CBA. “The advice is free. All you have to do is make your way to Fusion Superplex to meet with us. If you have been ignoring financial issues or putting off dealing with them, this Fair will provide a great opportunity for you to sit with one of the banks to figure out how to improve the situation before it gets even worse. We don’t want our customers to have difficulty managing their finances. That doesn’t serve anyone. We’re here to support our customers.”

The Fair includes a Financial Recovery Workshop which will be held from 1:00pm to 2:00pm in one of the Fusion Superplex theatres, where light refreshments will be provided. “The workshop will help families who are struggling with managing their finances to understand how to make simple changes to alleviate some of that financial pressure they’re feeling,” said Governor John Rolle of The Central Bank. “We will also host a question and answer period so that attendees can get facts from the various banks about their financial concerns. Everyone can learn from each other. We want to make managing money a much easier process so that they can enjoy life.”

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