2017 Lebanon Global Money Week
- Leading Organizations:
- Ministry of Social Affairs
- Higher Council for childhood
- Participating Organizations:
- Bank Audi
- Banque Libano-Francaise
- Blom Bank
- HSBC Bank Lebanon
- Food and Agriculture Organization (FAO)
- Global Steps
- Injaz Lebanon
- Majmoua Association
- Makhzoumi Foundation
- College des Saints Coeurs, Ain Najm
- IOF (Bassel Flaihan Institute of Finance)
- Sagesse, Ain El Remaneh
- Antonine Sisters School, Ghazir
- Armenian General Benevolent Union (AGBU)
- Makassed, Khaled Bin Al-Walid
- Montana International College
- Modern Community School
- Sagesse, Jdeideh
- Mont la Salle - Institut Technique
- College Notre Dame De Nazareth, Achrafieh
- SOS Youth
- Notre Dame des Apôtres Kab Elias
- Mawaheb Kosta Public School
- Beirut Baptist School
- Antonine College Mar Doumit
- Al Hadi School
- LIU (Lebanese International university)
- Number of children reached directly: 1 655
- Number of children reached Indirectly: 2 713
- Bank Audi
For the third year in a row and aiming to provide students with the necessary knowledge that enables them to save money, plan for their future and understand the way a bank works, Bank Audi hosted 11th grade students for “A Day at Bank Audi” which took place at Bank Audi. During these 6 days, approximately 500 students from 11 different schools and one NGO participated and attended presentations and activities.
- Injaz Lebanon:
Throughout the Global Money Week 2017, INJAZ Lebanon ran two financial literacy programs in public schools in Beirut, Mount Lebanon and North Lebanon, teaching children about the value and different uses of money: “More Than Money”, a programme developed and funded by HSBC Bank for the 9th consecutive year in Lebanon. 150 school students benefited from this programme with the support of Corporate Volunteers from HSBC Bank, Lebanon and Banque Libano-Française. “Personal Economics”, a programme funded by MBC with the support of corporate volunteers from Banque Libano-Francaise. The programme benefitted 120 school students.
Fransabank participated for the second consecutive year in Global Money Week and decided to follow the same sequence as the first year. During three days of the GMW, Fransabank hosted 30 students (16-17 year-old) per day to spend a day in the headquarters in Hamra, Beirut.
The students were divided in two groups: the boys attended a workshop on how to knot a tie whereas the girls were given advice from working moms; then, the importance of signatures was explained to both groups.
Furthermore, an impersonation game was organised at the branch level where students could put in practice what they learnt during the day. At the end of the day, the kids were offered gifts and accompanied back to their schools.
- Makhzoumi Foundation:
This initiative aimed at introducing elementary students to the important field of social entrepreneurship. During the contest “Children as Social Entrepreneurs”, the definition and basic concepts of social entrepreneurship were explained. Furthermore, the students were encouraged to support a certain cause they are passionate about, and design a business-like activity that earns money or provides other resources to support that cause.
- The Food and Agriculture Organization of the United Nations:
Given the peculiar importance of these issues for the rural youth ages 15-17, and in the framework of the current FAO programme on enabling this group to have access to decent work and appropriate technical education in agriculture, a roundtable was held on 27 March. The issues addressed during the event spanned from the identification of different youth categories (e.g., the needs of vulnerable groups, such as refugees and young girls) to improving young people’s access to financial education and financial products and the particular challenges/needs of each group (e.g., access to financial literacy and education, life skills).
- Al Majmoua
During the GMW 2017, five financial literacy awareness workshops were offered to 150 youth aged 12 to 17 in 5 governorates of Lebanon. Each workshop included two different tracks: youth aged 12 to 14 participated financial education sessions followed by a game and the distribution of a piggy banks. On the other hand, youth aged 15 to 17 took part in a similar session followed by an additional session on bank services delivered by Fransabank.
- Global Steps:
Global Steps organized an educational trip for around 20 students for the 7th graders from "Rawdat Al Atfal Private School" in Meryata-Zgharata (North Governorate) to Fransabank.
- LOYAC Lebanon:
LOYAC organized a set of workshops on financial literacy, including one on banking for non-bankers and ‘Introduction to the Ministry of Finance’ to its members and students at the Lebanese International University.
- Blom Bank:
Throughout the Global Money Week 2017, and as part of its Corporate Social Responsibility programme “BLOM Shabeb”, BLOM BANK invited children and youth from different schools and universities to its headquarters in Beirut to provide them with the required tools that promote financial knowledge, from personal expenses to short and long term plans.
BLOM BANK partnered with LOYAC Lebanon, an NGO that focuses on the development of the youth, to provide 30 university students from different majors, aged between 18 and 28 years old, with an interactive “Introduction to Banking” session. The session tackled the following themes: “Banking history and evolution - Role of Central Banks in a nutshell”, “What are the types of banks (Commercial Banks, Private Banks and Islamic Banks)?”, “What do commercial banks do?”, “Who are the eligible customers?”, “What are the legal forms of accounts (personal account, joint account, collective account)?”, “What banking products and services can I use? If I have money/If I need money”, “What are the latest banking technologies?”.
2016 Lebanon Global Money Week
- Leading Organizations:
- Participating Organizations:
Bank Audi Fransa Bank Teach a child associationAzm & Saade SchoolSahagian SchoolSagesse School - Ain El RemanehLycée Nahr Ibrahim SchoolMakassed Schools (4)Sagesse School – JdeidehSaints Coeurs - Ain Najm
- Date of the event: 14th - 21th of March
- Total number of children & youth engaged: 833
Bank Audi participated in Global Money Week for a second year and continued to strive to promote financial literacy and raise awareness amongst young people about financial planning and management, savings, and social inclusion. During GMW Bank Audi hosted high-school students for “A Day at Bank Audi”, which took place at Bank Audi Head Offices on 14, 15, 16, 17, and 18 March. During these five days, young people and students attended presentations and activities around topics relating to the bank's delivery channels, plastic money & e-payment solutions, and products & services. The students learned about accounts, services, loans, and bank insurance – all with a focus on the importance of savings.
The first year that Fransa Bank participated in Global Money Week the bank invited young people that are in close contact with the ‘Teach a Child Association’ to visit the headquartes in Hamra, Beirut. During their visit the Secretary General of the Ministry of Social Affairs’ Higher Council for Childhood gave a presentation on Global Money Week. They received a presentation and tour to show them how the bank and its products operate, before carrying out a role-play game at branch level.
2015 Lebanon Global Money Week
- Participants: The Ministry of Social Affairs and the Higher Council for Childhood Central Bank of Lebanon Lebanese American University Audi Bank Outreach and Leadership Academy (OLA) Hariri Foundation for Sustainable Human Development Beirut Evangelical School, Saints Coeurs Ain Najm, Al Makassed Ali Ben Abi Taleb College, Al Makassed Khaled Ben Al Waleed College, Dhour Chweir Public High School, and Ghobeiry Public High School.
- Date of the event: 9th - 17th of March
- Number of children reached: 290
On the occasion of the Global Money Week, a series of lectures/presentations by Lebanese Central Bank specialists took place on Monday March 16th, 2015 in the newly inaugurated Outreach and Leadership Academy (OLA) – an amazing center in the midst of Saida’s old souks run in partnership between the Outreach and Civic Engagement Department at LAU and the Hariri Foundation for Sustainable Human Development.
The event was organized by the Outreach and Civic Engagement Department at LAU in collaboration with the Hariri Foundation for Sustainable Human Development and the Central Bank of Lebanon where executives from the Central Bank led a financial education session that emphasized the importance of financial inclusion and erasing financial illiteracy.
In addition, the Member of the Lebanese Parliament started the event by addressing the audience with a word of welcome in Saida and OLA. LAU students from different majors and regions of Lebanon attended the presentations along with high school students from the region of Saida.
The session included presentations that aimed at helping students prepare better saving strategies. It also covered topics that helped students to learn about the different alternatives they can pursue to open successful ventures. Attendees were encouraged to develop their creative entrepreneurial ideas into successful projects. During the session, a finance specialist from Banque Du Liban, introduced the students to the various loans issued by the Central Bank. The students were invited to explore the role of the Central Bank and the importance of financial education at a young age.
The session ended with young graduates who started their own businesses, sharing their success stories with the students for inspiration.
As part of the Global Money Week international “Save today. Safe tomorrow!” initiative, and in alignment with its Economic Development and Human Development pillar which comes within its Financial Literacy Program for Youth, Bank Audi was the first Lebanese private bank to organise an initiative targeting high-school students, “A Day at Bank Audi” which took place from March 10 till 13.
Students from different and diverse schools in Lebanon were hosted by Bank Audi purposefully selected to include the diversity of Lebanon. The students attended presentations delivered by Bank Audi employees on basic banking concepts, e-payment solutions and card services, and compliance. They also visited the Bank’s Bab Idriss Corporate Branch, as well as its e-Gallery and e-Branch.
This initiative aimed at enhancing financial literacy through communicating with specific stakeholders, and raising awareness among future customers on financial planning and management, savings, and social inclusion. All participating students were granted certificates of participation. Bank Audi’s Corporate Social Responsibility (CSR), Retail, Compliance and EPCS (e-Payment solutions and Card Services) teams joined forces to guide future leaders towards a successful path.
2014 Lebanon Global Money Week
- Participants: The Ministry of Social Affairs and the Higher Council for Childhood Central Bank of Lebanon and the Ministry of Education Egyptian Financial Supervisory Authority
- Date of the event: 17th of March
- Number of children reached: 120
The Ministry of Social Affairs has ensured that raising the financial awareness of Lenanon’s children and youth is high-lighted on this year’s agenda. The multi-disciplinary Higher Council for Childhood, of which the Ministry of Social Affairs presides, partnered with the Central Bank of Lebanon to organize interesting and entertaining activities for Global Money Week 2014. Children from 4 different schools visited the Central Bank on the 17th March were they were treated to an extensive tour of the National Monetary Museum. During this visit they were taught how money is printed and they watched a documentary on the history of the central bank.
At the initiative of the Central Bank of Lebanon, Training and Development Institute, with the partnership of the Higher Council for Childhood at the Ministry of Social Affairs, the Ministry of Education and the Ministry of Finance, 91 children took part in a local competition at KidzMondo where the age range of the participating children was between 15 and 16 years, from 4 high schools, 2 public and 2 private schools.
The competition of KidzMondo consisted of handling a budget throughout the day by spending and making money in income-generating activities, including banking, hospitalization, education, media, social services, etc. At the end of the day, the winning child having gained the largest amount of money was selected, having proved his competency in managing his financial budget.