Xpress Money provides financial literacy training
Manama : Xpress Money announced it has reached out to over 125,000 workers across the GCC providing them with focused financial literacy training over the last 3 months.
Xpress Money teams visited labour camp residents in UAE, Oman, Kuwait, Bahrain, Qatar and Saudi Arabia and educated them on financial planning, savings, the importance of using legal, regulated channels for money transfer and how ‘hawala’ or ‘hundi’ can rob them of all their hard-earned money and life savings.
“Our programme was designed to promote financial security and inclusion by raising awareness among blue-collar workers – who can be at risk of falling prey to grey remittance channels and scams”, says Ashwin Gedam, Vice President of Global Marketing, Xpress
Money.
Training was provided to expats from India, Bangladesh, Pakistan, Nepal, Sri Lanka, Philippines, Kenya, Nigeria, Ghana, Uganda and Ethiopia. The teams visited labour camps on a weekly basis and on an average covered 35 camps a week.
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