Educating the public against scams

LocalBusiness & Finance
12 Jul 2025 • 2:01 PM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

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By: Sabah Publishing House Sdn Bhd

Kota Kinabalu: Affin Bank Berhad and the Sabah State Education Department are set to collaborate on financial literacy initiatives, aimed at preventing financial scams.

Affin Bank Malaysia Group Chairman, Datuk Mohd Agil Mohd Natt, said the collaboration through financial literacy briefings would enhance understanding of financial management among educators and school staff, while also promoting the bank’s new products.

“We held discussions with the State Education Department on how we can assist with personal financing for teachers and department staff. This is one of the initiatives we are offering, alongside financial literacy efforts to help them avoid scams and fraud.

window.googletag = window.googletag || {cmd: []};googletag.cmd.push(function() {googletag.defineSlot('/22826383987/dailyexpress_inline', [1, 1], 'gpt-passback').addService(googletag.pubads());googletag.enableServices();googletag.display('gpt-passback');});“We are also providing financial briefings to help educators better understand money management, which is crucial for them,” he told reporters after paying a courtesy visit to the Head of State, Tun Musa Aman, at Istana Seri Kinabalu, last Thursday.

According to him, the visit was to inform Musa about several upcoming plans and new products that will benefit Sabah.

Further elaborating, Affin Bank’s Group Community Banking Officer, Fairuz Radi, said they also intend to expand such collaborations to other agencies and CEOs of government-linked companies (GLCs) in Sabah.

“Affin has many programmes for financing and opening accounts for companies and individuals in Sabah. We’re actively engaging and meeting with these companies.

“During today’s visit, we also met with CEOs of several GLCs in Sabah to offer support.

“We have also introduced new products. While we continue to offer our traditional services, we are now focusing more on wealth products, personal financing, and several other new initiatives that will soon be rolled out in the Sabah market,” he said.

Following the opening of its seventh branch in Inanam, the commercial bank also listed four more districts – Keningau, Tuaran, Papar, and Penampang – as locations for its upcoming branches next year.