Georgia’s central bank marks World Savings Day by promoting financial education among children
It said volunteer teachers would also be able to act as Finedu ambassadors to make the campaign “even more large-scale and interesting”, with up to 6,500 students of 300 classes set to be involved in the lessons in saving. Photo: NBG
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The National Bank of Georgia and its educational platform Finedu on Tuesday launched a campaign for enhancing financial education among children, with the move coincided with the annual World Savings Day, a date aimed to raise awareness on the significance of prudent financial planning.
The NBG said Finedu “ambassadors”, employees of the Bank and its partner organisations would visit schools to conduct financial education classes with third to ninth grade students as part of the Invite Finedu to Class campaign.
It said volunteer teachers would also be able to act as Finedu ambassadors to make the campaign “even more large-scale and interesting”, with up to 6,500 students of 300 classes set to be involved in the lessons in saving.
Founded in Italy in 1924, the international date has a century-long history, with Georgia joining the activities in 2012. The financial industry has since carried out several initiatives to commemorate the occasion, the NBG added.
The National Bank of Georgia on Monday marked the 28th anniversary for lari, the country’s national currency, by noting its links from the history and its adoption in the modern state in 1995.
Georgian national currency, the lari, is among the ten “strongest currencies” in the world, with its exchange rate strengthening by approximately seven percent against the US dollar, with the rate marking a +19.5 percent increase in one year, local media outlet bm.ge reported on Friday.
Children put forward new designs for 100 GEL bill
Schoolchildren in nine regions of Georgia have created designs for 100 GEL banknotes for a competition announced by the National Bank of Georgia in celebration of the 100th anniversary of its foundation.
This year the National Bank of Georgia (NBG) is celebrating the 100th anniversary of its foundation with number of events planned throughout the year.
Natia Turnava, the Acting Governor of the National Bank of Georgia, on Thursday met with domestic analysts to discuss macroeconomic trends and forecasts for the domestic economy.
The National Bank of Georgia on Monday said “high-level” international consultants had joined its team as advisers to help the Acting Governor Natia Turnava in efforts for developing the domestic financial market, implementing current and planned reforms in accordance with international standards, and “strengthen[ing] activities in various directions”.
The National Bank of Georgia and its educational platform Finedu on Thursday won the poster competition on financial education at the sixth biennial Global Social and Financial Skills Conference that brought together experts and practitioners to share knowledge and best practices to socially and economically empower children and youth.