Bank Negara calls for more inter-agency collaboration

Abdul Rasheed: ‘A financially literate population will help to improve the well-being of individuals and households.’

KUALA LUMPUR: Bank Negara has called for more inter-agency collaboration to increase the impact of financial education initiatives for the Malaysian public in view of the growing concern on the low financial literacy level of most of them.

Deputy governor Abdul Rasheed Ghaffour said the collaboration could be in terms of providing various touch points at different platforms, involving government agencies, schools, families, workplaces and the financial service industry and has to start from young.