HSBC Malta has announced what it describes as a “transformative partnership” with GEMMA, “a beacon of financial knowledge, to unveil a captivating financial capability programme for young explorers attending Skolasajf this summer.”

Following this year’s theme of “Piece by Peace,” HSBC explained that the outcome of the sessions is to cultivate the concept of social responsibility within the minds of young learners, emphasising the significance of comprehending and making choices aligned with socially responsible investing principles.

At the heart of this endeavour lies GEMMA, a guiding star in financial literacy that operates under the Ministry for Social Policy and Children’s Rights.

With a passion for nurturing financial wisdom, GEMMA empowers Malta’s communities with essential financial skills, making the world of finance accessible and relatable to everyday life.

A team of educators and HSBC volunteers work together to create an interactive, enjoyable training session which is practical, current and hands-on.

Together the team will have delivered sessions to roughly 2,500 students aged eight to 15 across 45 SkolaSajf centres throughout Malta and Gozo.

HSBC said that the workshops use critical thinking and competitive activities to impart children with the essential competencies required for prudent purchasing, discernment, and investment practices.

“Feedback from these sessions has been resoundingly positive. Students have found the experience both engaging and enlightening, while educators have valued the opportunity to engage with young minds on subjects that, while not traditionally part of the standard curriculum, hold paramount importance for their comprehensive growth,” HSBC said.

A poster competition is also being run for all the children participating in the financially capable program, where the participants, as a team of four, must design a poster showcasing their fictitious company and list four key socially responsible initiatives they would apply. The winners will be informed during the first week of September.

For comprehensive insights into this noteworthy initiative and to garner a deeper understanding of the pivotal role financial literacy plays, the public is invited to explore GEMMA’s official website at https://gemma.gov.mt/ or connect with them on their Facebook page at https://www.facebook.com/gemma.know.plan.act.

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