DAR ES SALAAM, June 20 -- CRDB Bank has opened special Junior Jumbo accounts for some newborns at Muhim bili National Hospitals neonatal ward as part of its efforts to promote early financial literacy and celebrate the International Day of the African Child.

Each account has been credited with 10,000/- to help parents begin a savings culture for their childrens future needs, including education and healthcare.

The Junior Jumbo Account is designed specifically for childrens use only. The campaign was led by CRDB Bank Group CEO Abdulmajid Nsekela, who pin pointed the importance of financial education from an early age.

“We believe financial education should begin early, and this is our way of encouraging parents to start saving for...