Tuesday, September 3, 2024

SET partners with alliances to empower Thais of all ages with financial literacy

Abstract

SET has renewed MOU with NSF and SLF for the 7th year to promote financial literacy nationwide. The initiative aims to improve financial well-being and help Thais manage debt and plan for retirement effectively.


SET Renews MOU with NSF and SLF

The Stock Exchange of Thailand (SET) has renewed a Memorandum of Understanding with the National Savings Fund (NSF) and the Student Loan Fund (SLF) for the 7th consecutive year. This collaboration aims to promote financial planning knowledge and enhance learning in the digital era, with the goal of helping Thais achieve financial well-being across various target groups. The financial literacy content, available online and offline, is expected to reach over 2.5 million members of NSF and SLF nationwide annually.

Promoting Financial Literacy in Thailand

SET Senior Executive Vice President Soraphol Tulayasathien highlighted Thailand’s financial challenges, including rising household debt and the transition to a super-aged society. With a focus on promoting financial literacy as a crucial skill for financial security, SET is modernizing financial and investment knowledge resources to suit individual needs. The renewed MOU with NSF and SLF aims to expand financial knowledge to people from all walks of life, fostering responsible financial practices for a secure future, particularly in retirement planning.

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