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Keystone Bank Sierra Leone wins two awards

Lender promotes financial literacy in Nigeria

Keystone Bank Sierra Leone Limited, a subsidiary of Keystone Bank Nigeria Limited, has won two awards at the inaugural edition of the Sierra Leone Council of Chief Executives Awards ceremony held at the Bintumani Conference Hall in Sierra Leone.

While Keystone Bank Sierra Leone won the award for Best Bank for 2016, its Chief Executive Officer (CEO), Ime Okon, according to a statement from the lender, won Best Foreign CEO of the year.

Receiving both awards from the organizers, CEO, Mr Ime Okon said, “Our products have given us strength and they cut across from school children to the market women to the institutions and businesses. We are not finished yet as we will be launching more products in the market very soon as we hope to broaden our horizon and make Keystone Bank a leader in Sierra Leone.”

Mr Okon noted that Keystone Bank was the last to come to Sierra Leone but the strides the lender has made has catapulted the institution to the top. He said “This rise to the top saw us win such a meritorious award from a high profile organisation like the Sierra Leone Council of Chief Executives.”

He thanked the customers of the bank for their support and for making Keystone Bank feels at home in Sierra Leone. He also appreciated the support of the Head office in Nigeria.

Meanwhile, in line with activities to mark World Savings Day, Keystone Bank Nigeria has engaged students in schools across Nigeria to educate them on the rudiments of financial literacy and the importance of embracing a savings culture early in life. The programme, which is in line with the initiative of the Central Bank of Nigeria and Bankers’ Committee on financial Literacy, took place in 11 schools across each geo-political zone in the nation.

The World Savings Day is a global event commemorated annually on October 31, to increase awareness on the importance of savings as a path to financial empowerment. The global theme for this year’s edition is; “Grabbing hold of your financial future” and it speaks to the ever growing desire of everyone the world over to take control of their lives in the area of personal finances.

Speaking on the programme, Managing Director of Keystone Bank, Mr Philip Ikeazor highlighted the importance of having a good grasp of the principles of saving and financial literacy at a young age. He said, “Saving is an important aspect of financial security because it fosters a level of financial freedom that enables you to absorb expenses that come up without having to go into debt in order to meet your commitments.”

Ikeazor also emphasized the positive impact a good savings culture would have on the economy.