The world's local bank
HSBC Financial Literacy
The HSBC Financial Literacy Programme aims to increase the financial literacy with an emphasis of young people aged 16 to 25 and women entrepreneurs.
In 2005 HSBC launched the programme in 27 countries with a USD3 million commitment over three years. The programme was developed by the Bank's Global Banking and Markets division customer group in conjunction with the HSBC Global Education Trust and Students in Free Enterprise (SIFE).
"This programme gives SIFE university students practical skills, which, when combined with a strong sense of business ethics, are highly regarded by today's employers."
Dame Mary Richardson
Chief Executive, HSBC Global Education Trust
SIFE estimates that more than 2,850 students were involved and nearly 170,000 individuals benefited directly from the projects.
The winner of the 2006 SIFE World Cup goes to the Shanghai Institute of Foreign Trade SIFE team which helps persons with disabilities become self-reliant.
SIFE Shanghai International Studies University is on the farm to help local peasants create more economic opportunities by teaching them how to leverage market economy.
SIFE Jinan University in mainland China raises students' awareness of the importance of financial literacy on campus.
Community projects and activities
With the support of the HSBC Education Trust and CIBM, our SIFE students will be able to create economic opportunities that otherwise might not be available in their communities.
Bruce Nasby
Executive Vice President
Programmes for SIFE
