Following a recent study revealing a concerning number of police personnel struggling with debt, First National Bank (FNB) Lesotho has taken a significant step towards financial empowerment by signing a Memorandum of Understanding (MOU) with the Lesotho Mounted Police Service (LMPS).
The agreement, signed on Thursday at the Police Training Centre (PTC), seeks to provide officers with financial education and support to help them manage their earnings more effectively. Speaking at the ceremony, FNB’s Chief Executive Officer, Ms. Delegazi Mokebe, emphasized the need for practical financial solutions tailored to the officers’ needs.
“We found a need to assist officials with meaningful lending and savings plans that are crucial in helping them manage their finances better,” Mokebe said. She highlighted that easing financial burdens would enable officers to perform their duties more effectively, ensuring a safer community.
“I can run at 4 a.m. without worry knowing there are watchdogs on duty. By easing their financial burdens, we aim to enhance their performance while they work to keep our communities safe,” she added.
This partnership marks a crucial step toward addressing financial challenges within the police force, reinforcing the importance of financial literacy and responsible money management among law enforcement personnel.
