Sandakan Financial Carnival attracts 10,000 visitors


SANDAKAN, Oct 14 -- Bank Negara Malaysia's (BNM) Financial Carnival over the weekend here has attracted nearly 10,000 visitors.

Its assistant governor, Abu Hassan Alshari Yahaya said the overwhelming response from the community indicates that the carnival was relevant in improving financial literacy among the people of Sabah.

Hence, the central bank plans to organise the carnival here again, he said in a statement today.

"The carnival complements the ongoing efforts by BNM and Credit Counselling and Debt Management Agency in promoting financial literacy among the people throughout the country.

"In line with the National Financial Literacy Strategy 2019-2023, the Financial Carnival is one of the initiatives carried out by BNM to increase public’s access to financial knowledge, products and services, as well as educate them on the importance of prudent financial management,” he said.

Launched by Sabah State Secretary Datuk Hashim Paijan, the two-day carnival recorded more than 1,400 financial transactions amounting to about RM18.5 million.

The inaugural carnival in Sabah's east coast attracted not only the residents of Sandakan, but also those from nearby districts such as Beluran, Kinabatangan and Tongod.

Themed "Your Financial Needs Matters", the carnival aimed at raising the public’s awareness on financial products and services, financial literacy and financial management capabilities with an emphasis on preferences of the local communities.

More than 35 organisations, consisting of financial service providers, as well as federal and state agencies showcased their products and services, as well as provide advisory on financial matters, including access to financing.

Several companies in collaboration with the Sabah Labour Department conducted open interview sessions for more than 350 vacancies.

Forums and interactive financial education sessions were also held, while the Royal Malaysian Police, Eastern Sabah Security Command and Royal Malaysian Navy provided briefing sessions on public security in Sandakan.