PRESS RELEASE – Financial Information Month is in full swing with several activities being conducted by local financial institutions in order to raise the level of financial education in Saint Lucia.
Officially launched on October 3rd and held under the theme “Soar to Success” Financial Information Month is aimed at increasing the public’s understanding of financial matters. This will be taken a step further as commercial banks and other financial institutions come together for a financial fair on the William Peter Boulevard on Thursday from 9am to 3pm.
Eight financial institutions are expected to be represented at the event and the public is invited to come get free, valuable information that will enable them to make the type of financial decisions that can result in an improvement in their quality of life. The unity of the banks for this event is a symbol that they all understand the importance of creating a consumer that is more financially savvy and better informed.
At the launch of Financial Information Month, a collaborative effort of the Eastern Caribbean Central Bank (ECCB) and the Bankers Association of Saint Lucia, Director of Finance, Francis Fontenelle stressed the importance of the month of activities.
“We are inundated with financial issues in our every day lives and it is imperative that we have an appreciation of this issues and it is imperative that we have more than just an appreciation of those issues but that we are cognizant of how our lives are affected,” said Mr. Fontenelle.
President of the Bankers Association Mrs. Corliss Charles-Sutton also spoke at the launch and encouraged the public to take advantage of the month of activities and visit their various financial institutions to ask questions.
“We would like the public to really participate and come out to support such initiatives,” said Mrs. Sutton.
Many financial institutions have focused this year on spreading financial knowledge to our youngest citizens with school visits and presentations. The financial fair is an opportunity to reach a wide section of Saint Lucians who may have financial questions.