B.Malaysia

Financial Education Network (FEN)

The FEN is an inter-agency platform comprising of institutions and agencies committed to improving the financial literacy of Malaysians.

FEN leverages its members’ expertise and resources to coordinate, co-operate, and collectively drive efforts to promote effective delivery of financial education initiatives to Malaysians in a sustainable manner.

FEN will work with relevant government ministries, industry associations, institutions, consumer groups, and other key stakeholders to deliver, monitor, and measure financial education initiatives under the National Strategy for Financial Literacy (2019-2023)

The FEN adopts a two-tiered governance framework to drive the initiatives of the National Strategy:

A High-Level Inter-Agency Steering Committee (HLSC) to provide strategic direction and oversee the formulation and implementation of the National Strategy

A Working Level Group, a sub-committee to ensure the execution of Action Plans for each of the Strategic Priorities and report the progress and outcome to the HLSC.

Members of FEN

Malaysia National Strategy for Financial Literacy

2019-2023

FEN formulated and introduced the National Strategy for Financial Literacy 2019-2023 in July 2019 to elevate financial literacy and promote responsible financial behaviour and rational attitudes of Malaysians.

The NS sets out strategic priorities and actionable plans to: 

  • Nurture values from young; 
  • Increase access to financial management information, tools and resources;
  • Inculcate positive behaviour among targeted groups;
  • Boost long term financial and retirement planning; and
  • Build and safeguard wealth.

Get a copy of the National Strategy below: 

Download the press release:

FEN Short Film

Be Money Smart with Tun Dr. Mahathir

The National Strategy sets out priorities and actionable plans to equip Malaysians with the knowledge to make informed financial decisions and nurture healthy attitudes in financial management.