Capital University Arranged National Financial Literacy Program for Youth (NFLP-Y) Gala

Capital University of Science and Technology (CUST), Islamabad, in collaboration with National Institute of Banking and Finance (NIBAF) arranged one-day gala for the students on Wednesday, 3rd November 2021. It was organized under the State Bank’s “National Financial Literacy Program for Youth (NFLP-Y)”. Pakistan’s major banks participated in this event such as Allied Bank Limited, Habib Bank Limited, First Women Bank Limited and Meezan Bank Limited, etc. These banks also put their stalls in the university campus where their representatives were present all day long. Officials from NIBAF also attended the gala. In the seminar, which was the first event of this gala, welcome address was given by Vice Chancellor CUST, Prof. Dr. Muhammad Mansoor Ahmed. The guest speakers addressed the audience and told them about the opportunities in financial markets, financial institutions and financial products for youth in Pakistan. The speakers include Mr. Mubashar Tayyab (Deputy Director NIBAF, State Bank of Pakistan), Mr. Umair Yousaf (Chief Product Officer, Mobilink Microfinance Bank) and Mr. Salman Shehzad (Project Director NFLYP-Y, NIBAF). The speakers also highlighted the Role of Financial Literacy in Economic Development & NFLP-Y. The 90 minutes seminar was followed by refreshments and networking session.

Stalls remained open in the university till 5 pm with bank officials available for students’ and teachers’ guidance and queries about account opening. Allied Bank Limited also brought their mobile account opening bus where interested students could open the account at the spot. Even the facility to open the account of any other bank was available. Participants were also interested to know the procedure of having loans for home and car financing for which they were guided.