Spanish
The Association of Multiple Banks of the Dominican Republic (ABA) highlighted the importance of financial education as an essential tool to boost the country's economic and social development, by enabling citizens to make informed and responsible decisions about the management of their resources and their potential to start a business.
The entity emphasized that a financially educated population not only contributes to the stability of households, but also strengthens the financial system as a whole, by fostering trust, inclusion, and the appropriate use of banking products.
In this context, the ABA recalled that it has its educational platform Aula ABA, a space specialized in training and continuous education, designed to bring practical knowledge about finance and data and digital tools to different segments of society. Through this channel, workshops, talks, and didactic resources are developed, synchronously and asynchronously, in the interest of contributing to the training of different segments of the population, including students and professionals.
The guild also highlighted that it is an active part of the National Strategy for Economic and Financial Education (ENEEF), an inter-institutional initiative, led by the Central Bank, which seeks to expand the scope of training in these areas at the national level. Through this effort, the multiple banking sector contributes with actions that strengthen the skills of Dominicans in the use of money, credit, savings and investment.
According to the ABA, access to clear and reliable information is a decisive factor in reducing the vulnerability of families to unforeseen situations and in promoting the exploitation of growth opportunities, both on a personal and business level.
The entity specified that financial and digital education is also an instrument of inclusion, as it allows traditionally lagging sectors to integrate more actively into the formal financial system, which translates into greater well-being and a sustained contribution to the country's productive development.
"The ABA and the multiple banks that comprise it reiterate our commitment to the promotion of financial education, aware that it is a fundamental pillar for a more solid, equitable and resilient economy," concluded the Association.
