First Bank of Nigeria Limited has announced two account products, ‘KidsFirst’ and ‘MeFirst’ to encourage the right savings culture among children from zero to 17 years.
According First Bank, KidsFirst and MeFirst, have relevant enhancements including appropriate parental guidance and financial discipline for children as they grow into adulthood.
The lender said both accounts could be opened with zero balance and operated with a minimum balance of N100.
FirstBank’s Deputy Managing Director, Gbenga Shobo, said, “We are delighted with the role we play in promoting financial literacy amongst children and teenagers in the country.
“Our KidsFirst and MeFirst accounts are designed to ensure that parents and guardians are able to have their wards exposed to the right savings culture and financial discipline as they evolve to adulthood.”