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Student Bank

Because young people -especially those from the excluded populations- should be prepared to manage future risks in their lives, Plan International helps them to acquire social and financial skills. Since July 2011, a total of 43 schools have been participating in the Student Bank programme with 21,086 student members and approximately US$ 322,175 of savings.

Everyday students at Baan Pongnamron School save money by using the student bank

I love to be a volunteer in the Student Bank. After finishing my meal, I spend the rest of my lunch break as a volunteer bank teller.

The programme encourages pupils to save and be responsible with money.The students get an account and can deposit money regularly on it. Every day, the "bank"- runned by students and a teacher supervisor - opens twice and the students queue up, fill out the deposit... just like in a real bank.

Through this programme Plan International Thailand aims to promote a saving habit; financial literacy discipline; bank management; entrepreneurial and business skills; and social and civic responsibility among the students. The program also hopes to provide alternative savings and banking channels for families in remote areas where there are no commercial banking services.

I have been depositing money regularly for years with more than ten thousand in my savings account!

Since last year, Plan International Thailand trained 800 students from 8 schools in Chiang Mai and 500 students in 5 schools in Rayong and Chonburi  and 200 Students in Phang Nga a on basic business plan development, and banking software training for 200 students from 5 schools in Ayutthaya and Pathumthani. 

We were also pleased and proud when the Student Bank Program of Plan International Thailand was chosen as one of the 14 Most Innovative Initiatives by Qatar Foundation and was recognized in a ceremony in Qatar on October 28-31, 2013.