Georgia

2018 Georgia Global Money Week

LEADING ORGANIZATIONS:

  • National Bank of Georgia (NBG)

PARTICIPATING ORGANIZATIONS:

  • Bank of Georgia, Credo Bank, FINCA Bank Georgia, International Black Sea University (IBSU), Junior Achievement Georgia, Liberty Bank, Ministry of Education and Science of Georgia National Youth and Children's Palace, TBC Bank, 20 media organizations, 2000 schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 10 357

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 99 381

National Bank of Georgia (NBG)
Throughout Global Money Week 2018, the National Bank of Georgia (NBG), along with its partners carried out various interactive educational activities, which reached 120,000 children, youth and adults in total. NBG, in cooperation with the Ministry of Education and Science of Georgia, organized a country-wide children’s drawing competition on the topic of Georgian money, titled “Future Governor of the National Bank of Georgia”. The information on the competition and on the significance of Global Money Week was disseminated in all public schools and in most private schools of Georgia as well. From the vast number of submitted works, a special jury selected 20 winners, who were awarded a field trip to the Money Museum, where the youth discussed money matters with the representatives from NBG. Furthermore, NBG visited National Youth and Children’s Palace, where the youth discussed with NBG representatives the history and the significance of contemporary Georgian money and, in the spirit of Global Money Week, talked about why money matters matter. Junior Achievement Georgia, in cooperation with NBG and International Black Sea University, hosted an Innovations Camp on the topic of family money management for the youth. Over 40 students and mentors participated in a day-long idea-generating event, during which, the youth in groups competed in analyzing family income and expenditures, as well as the importance of saving and financial goal-setting, and set up a budget for a regular Georgian family. During the process, the youth had an opportunity to consult the experts of the field. Within the frame of Global Money Week, commercial banks hosted a number of different educational activities as well. To illustrate, Bank of Georgia held interactive lectures for the youth at their head office in Tbilisi, where the youth discussed effective money management, bank modelling, daily financial operations and the history of money; Credo Bank hosted trainings for the youth across three cities in Georgia, during which the participants discussed the importance of saving and key financial terms with Credo professionals; FINCA Bank Georgia developed a bookmark with educational messages on it, and distributed 10,000 copies across 35 cities of Georgia; Liberty Bank also held a number of educational training for the youth in three different cities of Georgia on the topics of financial products and services, banking, and money; TBC Bank hosted an educational lecture led by a founder of one of the most prominent universities in Georgia, where high-schoolers discussed saving and spending, time value of money, borrowing and interest with the invited lecturer.


2017 Georgia Global Money Week

LEADING ORGANIZATIONS:

PARTICIPATING ORGANIZATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 5 000

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 160 000

Throughout Global Money Week 2017, the National Bank of Georgia (NBG), along with its partners reached over 160,000 children, youth and adults through visits to schools, bank and MFO branches, the Money Museum and NBG Cash Center, GITA’s Technopark, the Business and Technical University Kids’ club and more.

NBG organized a field trip to the Cash Center and a meeting with the Governor of the National Bank of Georgia (NBG) for the students from St. George’s British-Georgian School (BSG) and the National Youth and Children’s Palace. Within the frames of the field trip, children learned about the history and development of money and currency, discussed current economic issues with NBG staff and engaged in a lively discussion with the Governor on the importance of saving and personal money management, as well as select banking and financial topics.

NBG and the National Youth and Children’s Palace continued the tradition of holding creative competitions in drawing, photography and essays on the topic of “Learn. Save. Earn”. The authors of the selected works were awarded special prizes, prepared in cooperation with Finca Bank Georgia, and were invited on an exciting field-trip to the Money Museum of Kvareli, Georgia. Furthermore, NBG visited several schools and, in cooperation with the Business and Technology University, supported the development of regional financial literacy clubs. Moreover, NBG visited BTU Kids’ club and talked about financial and entrepreneurial affairs with young innovators and inventors.

As part of Global Money Week 2017, FINCA Bank Georgia visited 20 schools country-wide, holding lectures on financial and business education. FINCA Bank also invited students to visit its 39 service centers in 35 cities of Georgia, where children observed how banks work, and participated in banking operations. FINCA also developed an audio book “My School Book” for children with eye and vision disabilities, and distributed them to Tbilisi №202 School for blind and visually impaired children. In addition, the bank developed fun and informational brochures and posters dedicated to GMW, and distributed them to the youth throughout Georgia.

Throughout the Week, the Bank of Georgia (BOG) invited 74 children from business schools (organized within the frame of SchoolBank) to its service centers, where children received educational brochures, while the bank staff explained to them the importance of saving and the safe use of bank cards. Children were given an opportunity to make transactions independently: deposit money into their accounts, access student accounts though Express Pay, check their account balances, exchange sCools for cellphone credit, and more.

Furthermore, in 2017, high-school students from civics education clubs from 10 different schools around Tbilisi had the opportunity to visit MFO Crystal branch and to attend the seminar “The importance of Personal Money Management”, led by the Chairman of the Board of Crystal Fund. The interactive seminar for the youth was organized in cooperation with PH International.

Lastly, fintech startup “Optio Ai” visited St. George’s British-Georgian School, and conducted an engaging lecture for children in relation to fintechs, entrepreneurship and financial inclusion, while Georgian Innovations and Technology Agency (GITA) invited children from the National Youth and Children’s Palace to Technopark, where children learned about the importance of technological innovations and witnessed the work of various startups first-hand.


2016 Georgia Global Money Week

LEADING ORGANIZATIONS:

PARTICIPATING ORGANIZATIONS:

DATE FO THE EVENT:

  • 14th - 20th of March

TOTAL OF CHILDREN AND YOUTH ENGAGED:

  • 4 170

TOTAL INDIRECT REACHED:

  • 5 000

During 14-20 March, the NBG, in cooperation with the National Children and Youth Palace, conducted photo, essay and drawing competitions on the topic “Take Part. Save Smart.” The winners (authors of the best works) were invited on an educational tour, lectures, and an awards ceremony in the NBG’s Money Museum in Kvareli.

In the Money Museum, the NBG representatives held a lecture on the history of the National Bank of Georgia, its mission and functions, as well as the role and activities of the commercial banks. Children and youth also became acquainted to the history of money and received information on the culture of saving.

Further, Finca Bank organized a number of educational events during the Week. Finca Bank welcomed students (grades 5-6) from one public school (Public School #4, Kaspi, Georgia) to one of its branches, and introduced children to how banks operate. In addition, Finca Bank Georgia conducted many educational lectures and seminars for the 150 school children from different public schools in different regions (Mtskheta, Akhaltsikhe, Gori, Rustavi, Kaspi).

In addition, NBG, in collaboration with one of the TV Channels (“Maestro TV”), dedicated one hour to the Global Money Week topic within the live talk show “Business Contact”. Natia Chkonia, Head of Consumer Protection Division at the National Bank, talked about the importance of financial education, savings, management of personal finances, and shared information about money and the Global Money Week campaign.

“GMW celebrations are highly important for enhancing the culture of saving amongst the youth, and for raising their levels of financial literacy” Natia Chkonia, Head of Consumer Protection, Georgia
“It is important to provide financial education to children from a young age. Parents have a significant role to play – they can teach their children how to save, count savings with them, etc. Commercial banks must also actively support financial education endeavors in the country” Giorgi Kepuladze, Director of NGO Society and Banks, Georgia

2015 Georgia Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 10th - 15th of March

NUMBER OF CHILDREN REACHED:

  • 96

During the Global Money Week 2015, National Bank of Georgia in cooperation with the National Youth and Children Palace (NYCP) of Georgia organized a range of events for students. The students got opportunity to take part in photo exhibition, drawing/poster contest on the theme “My Dream Money”, movie screenings, “Monopoly” contest, and public lectures among others. Selected students were then invited for a tour of the National Bank of Georgia. They were given presentations about the history of money, the history of the National Bank of Georgia, and the importance of saving. Children also visited the cash-center of the National Bank of Georgia on March 13th and learned about the center’s operations.


2014 Georgia Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 10th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 410

The National Bank of Georgia organized an educational tour for the children from socially vulnerable and large families within the framework of Global Money Week. Children visited the Money Museum of the National Bank of Georgia in Kvareli, a small town in Eastern Georgia where they received information about the history of Georgian currency. Youngsters also visited the Ilia Chavchavadze Museum. The Money Museum of the National Bank of Georgia is a unique place to receive information about the history of the Georgian currency and currency in general and it frequently hosts guests, especially from the young generation.

The National Bank of Georgia hopes was keen for other financial and educational organizations to join them in celebrating Global Money Week 2015. This would give them the possibility to reach more children and youth and inform them about the importance of money, savings culture and personal finance management, that is in turn one of the preconditions for raising level of financial literacy and financial inclusion.

Twenty Private Bank branches in 9 Georgian cities opened their doors for school children aged 10-16 to tour their bank. Bank employees provided youth with interesting and useful information about money, budgeting, and managing personal finances, as well as about the banking system and banking services. The bank also organized for 3 groups of school children to visit the Money Museum of the National Bank.