Malaysia Oversight

PM tells banks: Go grassroots with financial literacy, schools can’t do it all

By MalayMail in October 3, 2025 – Reading time 1 minute
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KUALA LUMPUR, Oct 3 — Prime Minister Datuk Seri Ibrahim today called on banks to go beyond schools and directly engage with communities in raising financial literacy.

Speaking at the launch of Financial Literacy Month at Sasana Kijang here, told top financial executives that the responsibility could not rest solely on the education system.

“I believe banks should put some effort to reach out directly to communities like at the mosque, grassroots associations to educate them about financial literacy,” he said.

“You can’t just depend on schools. They are already shouldering immense responsibilities in teaching,” he added.

Bank Negara Malaysia is leading this year’s financial literacy campaign with support from the country’s banking institutions.

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