He noted that since the project was launched 18 years ago, it provided 17,000 saving books for children and youth, with savings worth EGP 478m. Sebaey discussed the importance of this project on the sidelines of the bank’s first drawing for 2017 on the prizes of the award-winning saving books for children and youth for the 18th year in a row. Additionally, Ahmed Mohamed Hosny Mohamed from the Nasr City branch won the second prize—a EGP 100,000 residential unit—and Ahmed Bahaa El-Din Ahmed El Sayed from Assiut won the third prize—a EGP 50,000 residential unit. Sebaey said that the HDB has been a pioneer in the dissemination of financial culture among children and young people, being a member of the Child and Youth Finance International (CYFI). This programme includes granting computers to the top students, next to a monthly allowance to the students throughout their university studies, provided they continue with excellence.

Source: Daily News Egypt May 14, 2017 06:33 UTC