National Library Board and Singapore Exchange team up to promote financial literacy to library users

Release Date : 02 Apr 2013 

Singapore on 2 April 2013 - From today, visitors to the Tampines Regional Library can acquire knowledge on investment planning at the SGX Investment Knowledge Gateway. The learning facility, a first to be housed in a library, offers interactive financial tools that provide users with information on personal financial planning. Visitors can also borrow from a collection of 800 books on business and finance including the latest titles and participate in a wide range of free financial literacy programmes. These resources and services are provided as a result of a three-year collaboration between the National Library Board (NLB) and Singapore Exchange (SGX) to help users improve financial literacy.

“The SGX Investment Knowledge Gateway serves as a window to valuable insights and financial information. By partnering Singapore Exchange, we hope to equip our library users with useful financial knowledge,” said Ms Tay Ai Cheng, Assistant Chief Executive, Public Library Services, NLB.

“As Singaporeans enjoy longer life expectancy, long-term investing will become more relevant than ever. We are delighted to partner the National Library Board in empowering more investors to prepare for their future needs including retirement. A more knowledgeable base of retail investors will also ensure Singapore remains a dynamic and leading international financial centre,” said Mr Chew Sutat, Executive Vice President at SGX.

A series of free public talks for professionals, entrepreneurs, students and parents on financial literacy will also be organised for visitors to the Tampines, Jurong and Woodlands Regional Libraries. Please refer to the programme factsheet for further details.

The partnership with NLB follows other SGX initiatives for retail investors including the SGX My Gateway investor education portal and SGX Academy programmes for beginner to professional investors.