Malaysians’ financial literacy surpasses global average, but 61pc still lack emergency savings, says BNM deputy governor

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KUCHING, Nov 17 — The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the lev...

The Sarawak Financial Literacy Carnival is the culmination of programmes organised by the Financial Literacy Squad involving financial institutions and agencies, in conjunction with Financial Literacy Month, which has been held throughout October and November at 90 locations nationwide.

This practice exposes them to the increasing rate of online scams and being used as money mules.“As a result, great emphasis has been placed on raising awareness and providing information and support services regarding these three issues throughout this carnival,” he added.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Scams Emergency savings Financial literacy Debt Savings Adnan Zaylani Mohamad Zahid Malaysians Digital finance Bank negara malaysia bnm

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 21:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 389 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 23635447

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