SANTO DOMINGO – The Dominican Republic's Association of Multiple Banks (ABA) highlighted the importance of financial education as an essential tool to boost the country's economic and social development, by enabling citizens to make informed and responsible decisions about managing their resources and their potential to start a business.
The entity emphasized that a financially educated population not only contributes to the stability of households, but also strengthens the financial system as a whole by fostering trust, inclusion, and the proper use of banking products.
In this context, he noted that the company offers its educational platform, Aula ABA, a specialized space for training and continuing education designed to provide practical knowledge about finance and data and digital tools to different segments of society. Through this platform, workshops, talks, and educational resources are developed both synchronously and asynchronously to contribute to the training of various population groups, including students and professionals.
The association also highlighted its active participation in the National Economic and Financial Education Strategy (ENEEF), an inter-institutional initiative led by the Central Bank that aims to expand the reach of financial literacy training nationwide. Through this effort, the multiple banking sector contributes to initiatives that strengthen Dominicans' skills in managing money, credit, saving, and investing.
According to the organization, access to clear and reliable information is a decisive factor in reducing the vulnerability of families to unforeseen situations and in promoting the exploitation of growth opportunities, both on a personal and business level.
He specified that financial and digital education is also an instrument of inclusion, since it allows traditionally lagging sectors to integrate more actively into the formal financial system, which translates into greater well-being and a sustained contribution to the country's productive development.
"The ABA and its member banks reiterate our commitment to promoting financial education, recognizing that it is a fundamental pillar for a stronger, more equitable, and more resilient economy," the Association concluded.
