Georgia wins against Russia in Global Inclusion Awards 2018

The National Bank of Georgia (NBG) has won the Global Inclusion Awards 2018 in the category of ‘Country Award’, announces the NBG.

Georgia’s only competitor in the same category was Russia.

The Global Inclusion Awards 2018, that took place on July 3 in Saudi Arabia, recognise and honour those who achieve greatness in furthering the economic citizenship of children and youth at the national, regional and international level.

The awardees demonstrate innovation in financial, social and livelihoods education, financial inclusion, and entrepreneurial support for children and youth.

"The National Bank of Georgia reached up to 13,000 children directly in 2017, including 5,000 children through Global Money Week, 6,500 children through Savings Day Celebrations, and 260 children through SchoolBank”, read the NBG profile published by Child and Youth Finance International.

National Bank of Georgia Governor Koba Gvenetadze received the award. Photo: NBG.

"2018 will be the ‘Year of Financial Education’. The website for financial inclusion and its communication campaign will be launched in the same year. In 2018, the NBG and VISA will launch the Financial Literacy Campaign, which will include the Georgian-language ‘Financial Football Game’ ”, the profile reads.

Child and Youth Finance International also published judges’ thoughts which said that Georgia is making very good progress in many areas; creating a platform, clear objectives and many pilot programmes.

"There is evidence of a strong commitment from the National Bank and the upcoming campaign has positive momentum”, it reads.

The National Bank of Georgia is one of the leading organisations in Georgia involved in the implementation of Financial Education and Financial Literacy. The bank established its Financial Education Division in 2017 to further promote financial education.