PTPTN committed to promoting savings culture

Wan Saiful says PTPTN aspires to instil the savings culture in Malaysians.

THE National Higher Education Fund Corporation (PTPTN) has proven its commitment to increase awareness of the importance of having savings among Malaysians in light of the new norm.

With the tagline “Jom Jadi Superhero Anak Anda” (Come Let’s Be Your Child’s Superhero) for the SSPN 2020 Savings Month programme, PTPTN implemented various online activities this year despite the country being hit by the Covid-19 pandemic.

The annual programme’s tagline drives home the vital message that parents can be the best role model for their children in various aspects, including providing what’s needed for them to further their education.

A parent who saves well is deemed a superhero and can inspire the children to follow in their footsteps.

Parents can also improve their skills in cash flow management and start saving for their children from an early stage.

In congratulating National Education Savings Scheme (SSPN) depositors, PTPTN chairman Wan Saiful Wan Jan said, “It is our aspiration to instil the savings culture in Malaysians.

“PTPTN will continue to empower people through more interactive and customer-friendly programmes.

“Initiatives are not only organised in conjunction with SSPN Savings Month but also to celebrate World Savings Day, which falls on Oct 31 every year, ” he pointed out.

In keeping with the new norm, Wan Saiful officiated at the closing ceremony of the SSPN 2020 Savings Month programme and World Savings Day celebration via the PTPTN Official Facebook page.

Parents and their children had the opportunity to participate in various online activities during the programme, such as Kahoot! quiz, Happy Hour, DIY Fund, SSPN Got Talent, Fund Guessing, Bento SSPN Chef Junior, WOW! SSPN Challenge and Fund Picture Sharing.

“The SSPN 2020 Savings Month programme, together with World Savings Day, is very significant as both promote the savings culture.

“It is in this spirit that PTPTN has chosen to organise this annual programme every October, ” said Wan Saiful.

“Having savings will benefit children in the future to pay the cost of their tertiary studies, and the mindset of depending on financial assistance can be changed.”

He said the savings culture could also be a way for families and individuals to become more disciplined in handling their finances.

Meanwhile, PTPTN chief executive officer Ahmad Dasuki Abdul Majid said, “We have a clear focus and intention, which is to ensure that future graduates have minimal study debts as they have early savings for their tertiary education.”

This year, PTPTN is targeting RM1.5bil in SSPN deposits through some 400,000 new accounts.

It targeted RM110mil in SSPN deposits during the SSPN 2020 Savings Month programme.

Since the launch of SSPN in 2004 up to Sept 30 this year, 4.7 million SSPN accounts were opened with deposits amounting to RM6.87bil.

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