Encouraging Indonesian Children to Save, BCA Holds Financial Literacy in Gunung Kidul, Yogyakarta

Yogyakarta, 6 August 2018 – PT Bank Central Asia Tbk (BCA) continues to encourage its commitment in improving the excellence quality of children education in Indonesia. Its commitment is implemented through a financial literacy education to approximately 1,000 students of Middle and High School in Gunung Kidul, Yogyakarta. The financial literacy education is a manifestation of the Bakti BCA pillars, namely the Smart Solution and Synergy Solution as well as BCA’s contribution in supporting the government’s programs in the hope of that students of Middle and High School would have a complete picture and knowledge of financial benefits.

Attending the event was BCA’s Independent Commissioner Cyrillus Harinowo, Director of BCA Suwignyo Budiman, Deputy Commissioner of Education and Consumer Protection of Financial Services Authority (OJK) Sarjito, Deputy Regent of Gunung Kidul Immawan Wahyudi, Head of Youth Education and Sports Office of Gunung Kidul Regency Bahron Rosyid, Chairman of OJK DIY Untung Nugroho, Head of Bank Indonesia Representative Office Yogyakarta Budi Hanoto, Executive Vice President of Corporate Social Responsibility (CSR) of BCA Inge Setiawati, Head of BCA’s Regional I Office Gunawan Budi Santoso, Executive Vice President of BCA ‘s Center of Digital Wani Sabu, Head of Main Branch Office (KCU) Yogyakarta Sasmita, the school management, students of SMPN 1 Semanu, SMPN 1 Ponjong, SMPN 1 Karangmojo, SMAN 1 Karangmojo in Gunung Kidul, Yogyakarta, Monday (06/08).

“Education on financial literacy is necessary to educate children who are aware and understand about how to manage finances wisely and according to the needs. Such education should be provided as early as possible to the Indonesian children because a good money management habit will be beneficial in the future. We are grateful to be given a chance to interact and share with the students regarding the importance of developing positive habits at an early age, including saving money,” said Suwignyo.

The financial literacy education is presented in an enticing way according to the challenges learners face today. The students are invited to ‘play’ and enter the educational halls where they learn about finance, including the introduction of OJK (Financial Services Authority) & IJK (Financial Services Institute), the importance of savings, banking services, and investments. Here, students are encouraged to be proactive in reading, posing questions, and listening to stories. Students will also get the opportunity to watch wayang show titled Laku Bijak Resi Subali that tells a story about the importance of charity and saving money, performed beautifully by Dalang Sujiwo Tejo.

Furthermore, during the event, students can enjoy a variety of positive entertainment from Voice of Halo BCA, Education through OJK’s Financial Literacy Cars and various banking transaction services by LAKU BCA agents. Suwignyo added, “We are committed to care about the fate of Indonesian children, one of which is demonstrated by providing education on savings. BCA is aware that the habit of managing finances needs to be instilled at an early age in the hope that they’d become accustomed to and easier to manage finances, including savings. These activities are a form of BCA’s commitment to children development in Indonesia which we value essential in helping to realize Indonesia’s young generation who are smart, with great character and good moral values,” added Suwignyo.

Previously, BCA had supported the implementation of financial literacy programs to improve the index of financial literacy and inclusion of the Indonesian people, especially the students through savings product Simple (Simpanan Pelajar). Education and activation of Simpel was done at the venue, in Bandung. In addition to that, BCA has also been proactively organizing financial literacy as well as savings simulation to 200 Elementary School students in Pringgabaya East Lombok and Gondanglegi Malang, East Java; 300 students of SMP Negeri 6 Serang City, SMP Negeri 1 Gadingrejo, SMP Negeri 1 Semanu, SMP Negeri 1 Ponjong and SMP Negeri 1 Karangmojo, 500 Elementary School students in Tamansari Banyuwangi and various other financial education activities given to Indonesian Migrant Workers, SMEs, Housewives, etc.

“In Indonesia, financial literacy education is rarely conducted, be it at home or school. Therefore, BCA will continue its efforts to improve the index of financial literacy in Indonesia, especially in regions with low financial literacy. Financial literacy education for children is not only about the introduction of money, but rather about a concept of introducing a responsible money management, and the ability to control financial expenses,” explained Cyrillus Harinowo, Independent Commissioner of BCA.

On the occasion, BCA, through the Buku for Indonesia movement, symbolically handed over Book for Indonesia Donation to 6 Public Elementary School (SDN) in Gunung Kidul. The Book for Indonesia Program is a social movement initiated by BCA that also invites Indonesians to share books for Indonesia children. Not only carried out at 6 Public Elementary Schools in Gunung Kidul, these activities were also carried out in 60 different locations in Indonesia with a total of 111 Public Elementary Schools receiving the donations.

"We certainly are grateful to be able to provide books that hopefully can be useful for the learning process of the students in Gunung Kidul through the Book for Indonesia movement,” Suwignyo concluded.

BCA Organizes Financial Literacy in Gunung Kidul – (second line) Independent Commissioner of PT Bank Central Asia Tbk (BCA) Cyrillus Harinowo (second right), Director of BCA Suwignyo Budiman (fifth left) accompanied by Executive Vice President of Corporate Social Responsibility (CSR) of BCA Inge Setiawati (right), Head of BCA’s Regional I Office Gunawan Budi Santoso (fourth left), Executive Vice President of BCA’s Center of Digital Wani Sabu (left), Deputy Commissioner of Education and Consumer Protection of the Financial Services Authority (OJK) Sarjito (fifth right), Deputy Regent of Gunung Kidul Immawan Wahyudi (fourth right), Head of Youth Education and Sports Office of Gunung Kidul Regency Bahron Rosyid (third right), Chairman of OJK DIY Untung Nugroho (third right), Head of Bank Indonesia Representative Office Yogyakarta (second left), together with Teachers and students after the opening of Financial Literacy Education in Gunung Kidul, Yogyakarta, Monday (06/08). Financial literacy education initiated by BCA was attended by approximately 1,000 students as a form of BCA’s contribution in supporting the government’s programs in the hope of that the students would have a complete picture and knowledge about financial benefits.

LAKU BCA –Independent Commissioner of BCA Cyrillus Harinowo (left), Director of BCA Suwignyo Budiman (third right) accompanied by Executive Vice President of Corporate Social Responsibility (CSR) of BCA Inge Setiawati (second lefti), Executive Vice President of BCA’s Center of Digital Wani Sabu (second right) and Deputy Commissioner of Education and Consumer Protection of Financial Services Authority (OJK) Sarjito (right) during the visit at LAKU BCA’s booth at the Financial Literacy Education event in Gunung Kidul, Yogyakarta, Monday (06/08). LAKU BCA is a BCA’s savings product that serves as a form of BCA’s support for the Financial Srevices Authority (OJK)’s program, namely Layanan Keuangan Tanpa Kantor dalam Rangka Keuangan Inklusif (LAKU PANDAI – Officeless Financial Services in connection with Financial Inclusion).

Reviewing Learning Media – Director of BCA Suwignyo Budiman (second right) accompanied by Executive Vice President of Corporate Social Responsibility (CSR) of BCA Inge Setiawati (left), Executive Vice President of BCA’s Center of Digital Wani Sabu (second left) and Deputy Commissioner of Education and Consumer Protection of the Financial Services Authority (OJK) Sarjito (right) together with the students were visiting one of the interesting learning media at the Financial Literacy Education program for students of several SMPN & SMAN in Gunung Kidul, Yogyakarta, Monday (06/08).

WayangLearning Media – Puppeteer Sujiwo Tejo is performing Wayang as one the learning media for approximately 1,000 Middle and High School students at the Financial Literacy Education program, Gunung Kidul, Yogyakarta, Monday (06/08). The students had the opportunity to watch a wayang performance titled Laku Bijak Resi Subali, that tells a story about the importance of saving money and charity.