2017 Egypt Global Money Week

Leading Organizations:
Egyptian Banking Institute (EBI)
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Participating Organizations:
Aflatoun
Ahli United Bank
Al Afak Al-Gadeda International School (ACIC)
Alexandria University
Arab African International Bank (AAIB)
Assiut Businessmen Association
Assiut University
Banque Du Caire
Banque Misr
Benha University
British School in Madinty
Cairo University (Faculty of Economics and Political Science)
Central Bank of Egypt
Commercial International Bank (CIB)
Credit Agricole Egypt
Damanhour University
Egyptian Financial Supervisory Authority
Egyptian Stock Exchange Authority
Ein Shams University
Global Paradigm International School (GPS)
Mansoura University
MasterCard
Ministry of Education
Ministry of Finance
Misr Elkheir
Misr International University (MIU)
Modern Education School (MES)
MSE2000
National Bank of Kuwait- Egypt (NBK)
Nefertary International Schools
Nile University
QNB Al Ahly (QNB AA)
SAIB Bank
South Valley University
The British University in Egypt
The National Bank of Egypt (NBE)
Zagazig University
360 Solutions Experiential Solutions
Bader Foundation
Beny Suif University
British City College
College des Jesuites
Egyptian Sports Federation for Disability
Export Development Bank of Egypt (EBE)
Housing and Development Bank (HDB)
Menya University
Ministry of Youth & Sports
Patriarcal College School
Radio channels- TV channels
Salam College
Together Foundation (Menya)
Volunteers & Trainers
Number of children reached directly: 1 720 000
Number of children reached Indirectly: 20 000 000

stakeholders’ participation. In particular, a more focused delivery approach through building the capacities of institutions to deliver awareness sessions throughout the year has been chosen. As a result, the impact of the awareness sessions goes beyond the GMW, maximizing our return on investment and ensuring the sustainability of our activities.

The participation of banks this year transcended financial contribution and bank visits, with several banks introducing and offering youth friendly products and incorporating them in the GMW 2017 activities, e.g. awarding competition winners with prepaid and savings accounts instead of cash.

Throughout the Global Money Week 2017, The Egyptian Banking Institute (EBI) along with partners directly reached 1,720,000 children and youth through visits to banks, the stock exchange and a series of awareness sessions and financial education games and activities spanning the 27 governorates of Egypt. The Shaping the Future initiative mobilized the efforts of different stakeholders in order to raise awareness on the GMW 2017 theme of “Learn, Money, Earn”.

During the GMW 2017, financial literacy awareness sessions, different games and interactive activities focusing on saving, budgeting, and entrepreneurship were delivered to children, youth and adults.

With a special focus on gender equality, this year’s GMW activities included the delivery of financial awareness sessions to women and young girls.

Furthermore, the EBI, in partnership with different stakeholders, built the capacity of different institutions to spread the knowledge including the organisation of master trainings. Also, two financial literacy sessions were delivered in the context of the international forum “Awladna” for children with special needs with tailored and illustrated content.

Several activities were organized in partnership with the Ministry of Youth and Sports. The Egyptian Stock Exchange Simulation Game was organized across the 27 governorates, including educational booths, financial competitions, and contests. A drawing on asphalt activity with the logo of the EBI’s financial literacy initiative “Shaping the Future” was also organized. A radio competition titled “Grandma Hafiza” was aired to a nationwide audience and outreach throughout the month of March and GMW 2017. A short essay competition as well as an academic research competition on saving, budgeting and entrepreneurship took place with participation of the 27 governorates during the entire month of March.

Simultaneously, the Egyptian Banking Simulation Model (EBSM) also took place during the GMW 2017 in partnership with the Faculty of Economics and Political Science, Cairo University. This year the EBSM as a model was replicated and implemented within the German University in Cairo. Several banks partnered and supported the EBSM model in partnership with The Egyptian Banking Institute as its main technical partner.

Additionally, university students festively opened the Egyptian Stock Exchange with attendance of high-level representatives from the Egyptian Financial Supervisory Authority, the Egyptian Stock Exchange Authority as well as the Central Bank of Egypt and the Egyptian Banking Institute.

Furthermore, this year university students were given the opportunity to attend different awareness sessions within bank branches. Bank visits were organized for both students from schools and universities in order to expose them to the different functions inside a bank and how they contribute to the overall economic development of Egypt.

Building on Egypt’s extensive experience and emphasizing its position as a leader to the MENA Region, Egypt this year extended its activities beyond borders, directly helping and adopting Libya’s, the neighbouring country and new entrant to financial literacy and GMW, activities. In addition, EBI is building up the capacity of the Central Bank of Libya and Libyan Ministry of Education, sharing EBI’s materials and content and helping in development and implementation of some activities.


2016 Egypt Global Money Week

Global Inclusion Awards - Global Money Week Special Recognition 2016!

Leading Organizations:

Egyptian Banking Institute

Participating Organizations:

Central Bank of Egypt Egyptian Financial Supervisory Authority Ministry of Finance – Ministry of Education Ministry of Youth and Sports Egyptian Stock Exchange Authority Banque Misr National Bank of Egypt (NBE) Arab African International Bank (AAIB) Export Development Bank of Egypt (EDBE) Housing and Development Bank (HDB) Societe Arabe Internationale de Banque (SAIB) National Bank of Kuwait – Egypt (NBK) QNB Al Ahly (QNB AA) Commercial International Bank (CMB) Credit Agricole Egypt Barclays Bank Banque du Caire Cairo UniversityAssiut UniversityAin Shams University Beny Suif UniversityBritish University in Egypt Together Association Arabic Center for Services and DevelopmentMansoura UniversityBanha UniversitySouth Valley UniversityMonoufeya UniversityAlexandria UniversityDamanhour University

Date of the event:
14 - 20 March
Total number of children & youth engaged: 2 000 000
Total indirect reach: 50 000 000

This year, the Egyptian Banking Institute reached nearly 2 million children and youth through direct outreach by conducting awareness sessions in schools, universities and youth centers, and more than 50 million through indirect outreach through television, radio and media! Involving more banks and stakeholders, and building up the capacity of the organizations and the ministries through master trainings, was a key tool for disseminating financial awareness during the Week.

Measuring impact and encouraging children and youth to open new saving accounts was a key indicator that EBI was focusing on throughout the Week. Entrepreneurship and employability was another main focus of GMW 2016, through implementing Training for Employment and Training for Entrepreneurship programs to 12 governmental universities under the auspices of the Central Bank of Egypt.

250 organizations in Egypt worked together to “Take Part, Save Smart” during the 2016 Global Money Week. Financial literacy awareness sessions were offered for children and youth and also for adults. As part of Shaping the Future preparations for Global Money Week 2016 activities, the Egyptian Banking Institute held training sessions for volunteers and university students to become certified trainers to teach children and youth around Egypt about financial awareness and improve their financial literacy. Many activities were planned for children and youth, this included EBI training sessions for several children and youth during Egypt’s World Kidney Day. Furthermore, “Shaping the Future” volunteers from Together Association provide financial literacy awareness sessions to students in several schools in Minia and volunteers from the Arabic Center for Services and Development presented financial awareness sessions to children from Ezbet El Nakhl. Other 2016 Global Money Week activities for children included educational games, arts and crafts, different art, photography and essay competitions, and tours.

Many different tours were arranged for university students, and children and youth during the week. Students visited bank’s dealing rooms and the stock exchange where they attended awareness sessions on financial education and learned about the operations of the stock exchange. Other tours that students and youth in Egypt could attend were to the Export Development Bank of Egypt, where university students learned the different functions conducted in banks and their monetary processes. The EDB also held a session on banking and financial awareness for the Lycée School. Banque Misr opened its doors to students from Cairo University and the British University in Egypt to learn the different functions conducted in their banks and they also arranged a student-visit to Talaat Harb's museum.

High-level discussions, seminars, and other educational sessions were organized (face to face) for children and youth. The Egyptian Banking Institute organized visits to the local businesses for the school students to gain practical knowledge of running a business. Egyptian Banking System Model (EBSM), in partnership with EBI and the Faculty of Economics and Political Science, arranged a seminar discussing the importance of Financial Literacy. They discussed the model of the banking system in collaboration with the Egyptian Banking Institute Symposium, organized by the Faculty of Economics and political science and led by the President of the Egyptian Bank human resources sector EDC. Cairo University Students also attended a financial awareness session hosted by the sector heads of SAIB Bank to learn the role of banks’ different sectors and how they serve the economy.

Stock Exchange awareness sessions were held for University students as well. The Egyptian Stock Exchange welcomed a number of students from the British University in Egypt (BUE), where they had the opportunity to ring the bell and learn about the role of the stock market in the Egyptian economy and its relationship with other entities.


2015 Egypt Global Money Week

Participants:
The Egyptian Banking Institute, The Egyptian Stock Exchange Authority, Egyptian Financial Supervisory Authority, Cairo University- Faculty of Economics and Political science (FEPS), Misr International University (MIU), Nile University, Plan Egypt, Aflatoun, Ministry of Youth & Sports, Ministry of Education, and International Schools (Global Paradigm International School (GPS)- Al Afak Al-Gadeda International School (ACIC)- Modern Education School (MES)- British City CollegePatriarcal College school , College des Jesuites , Salam College, MSE2000- MasterCard- Archer Consultancy. Partner Banks: Banque Misr, The National Bank of Egypt (NBE), Arab African International Bank (AAIB), Export Development Bank of Egypt (EBE), Housing and Development Bank (HDB), Societe Arabe Internationale de Banque (SAIB), National Bank of Kuwait- Egypt (NBK), QNB Al Ahly (QNB AA), Commercial International Bank (CIB), Credit Agricole Egypt
Date of event:
9th - 17th of March
Number of children reached:
1 500 000

Led by the Egyptian Banking Institute, Egypt reached out to around 1,500,000 children and youth, covering the 27 Egyptian governorates during Global Money Week celebrations.

Financial awareness sessions were offered (face to face) to children and youth, this included a master trainers training for the Ministry Youth and Sports employees and volunteers, who have conducted the awareness sessions for children and youth in the youth centers and specialized international schools. The Egyptian Banking Institute also organized visits to the local businesses for the school students to gain practical knowledge of running a business. In addition, entrepreneurship mentoring sessions were conducted in schools.

More than 1,500 schools and university students visited bank branches. 45 visits were conducted throughout the week. Students visited bank’s dealing rooms and the stock exchange where they attended awareness sessions on financial education and the operations of the stock exchange. Three visits to Money Museum were conducted for 75 schools and university students.

A large art production exhibition for financial literacy was held for children and youth from the youth centers. This event was attended by high-level stakeholders, such as Ministers and Banks’ Chairmen. There were a series of entertaining and educational activities such as theatre plays inspired by real life financialrelated situation, financial cartoon videos and songs writing about financial matters conducted.

In cooperation with the Ministry of Youth and Sports, financial competitions and contests were conducted. Participants took part in activities like drawing workshops, entrepreneurship competition, and short story writing workshop and other competitions. A stock exchange simulation game called “Stock Riders” was organized. A research competition about financial matters took place as well. The Egyptian Banking Institute sponsored University Students Simulation Models, providing them with the financial courses and awareness sessions. School students conducted charity and fund raising activities through their own entrepreneurial projects.

In the media, Global Money Week 2015 activities were fully covered by “El-Felous WE El- Nas Programe“ and more than 65 children and youth made videos about saving and financial education. A series of daily radio financial literacy tips were aired through the Youth and Sports Radio Channel during the week.

At a fundamental level, a seminar was held in Cairo University where youth and policy makers had an open debate about financial related matters. The debates carried on among youth with their peers as well.

EBI created a financial booklet with a series of stories for children and youth. “Let’s Save for Tomorrow” and called”,“Let’s Plan Financially for tomorrow”. A branded saver has been created called “Hafiza” and distributed to School children. EBI distributed these financial awareness booklets and publications to more than 50 schools for the dedicated section for financial literacy within their libraries.

 

2014 Egypt Global Money Week

Participants:
Banking Institute and the Central Bank of Egypt Egyptian Stock Exchange Authority Egyptian Financial Supervisory Authority Cairo University (Faculty of Economics and Political Science) Plan Egypt Aflatoun Ministry of Youth & Sports Ministry of Education The Egyptian Paralympic Committee International Schools (BBC International School- Hayah Academy, Green Heights International School, Global Paradigm International School, Al Afak Al-Gadeda International School (ACIC) and Modern Education School)
Banks involved:
Arab African International Bank The National Bank of Egypt Banque Misr Blom Bank Export Development Bank of Egypt Societe Arabe Internationale de Banque
Date of event:
10th - 17th of March
Number of children reached:
360 000

The Egyptian Banking Institute (EBI) coordinated an exemplary array of activities for Global Money Week this year. The multi-sectorial organizations collaborated to arrange activities that involved more than 360,000 children and youth. The highlight of the week was when students opened the Egyptian Stock Exchange by ringing the bell in the presence of high level governmental and media representatives.

A variety of activities were hosted by a wide range of stakeholders during the week. EBI ensured that every key player was involved in this nationwide initiative for Reshaping the Future Egypt through its children and youth. All 27 Egyptian governorates were covered (with special attention to the less developed governorates) and all educational systems including learners with special needs.

Egyptian Banking Institute coordinated valuable Training of the Trainer (TOT) sessions, conducted by facilitators on financial awareness and stock exchange awareness. The facilitators are all volunteers from the Ministry of Youth, the Ministry of Education, and Egyptian banks. These TOT sessions were done in partnership with Plan Egypt, Aflatoun, and the Stock Exchange Authority. By the end of the week, there were a total of 2400 facilitators in all 27 Egyptian governorates. Egypt’s nationwide GMW involvement is a great example of how dedicated the citizens are to Reshaping the Future!

Some examples of activities which were organized nationally are:

Finance awareness sessions for children and youth:

  • Financial awareness sessions were conducted in schools (both government and international), youth centers, and universities, and reached more than 360,000 children and youth. 200 of the Egyptian Paralympic champions were also involved in the sessions. The sessions were conducted in partnership with the Ministry of Education, Ministry of Youth, The National Bank of Egypt, Banque Misr, Arab African International Bank, Blom Bank, Societe Arabe Internationale de Banque , Cairo University (Faculty of Economics and Political science), Egyptian Paralympic Committee, and Plan Egypt.

Financial awareness sessions for adults:

  • Employees of the Ministry of Education, Ministry of Youth, and banks were invited to attend workshops conducted to raise awareness for the support needed to grow financial literacy and financial education activities within their institutions, and to start spreading the culture amongst their work and home networks.

Stock exchange awareness sessions:

  • Senior students from international and government schools and youth centers were educated about how the stock exchange works and why it exists by the Egyptian Stock Exchange Authority and the Egyptian Financial Supervisory Authority.

Tours:

  • Stock exchange study tours and awareness sessions were organized on the stock exchange premise.
  • 204 bank branches from the Banque Misr, Arab African International Bank, Export Development Bank of Egypt, Housing and Development Bank, National Bank of Egypt invited over 4000 students to tour their premises.
  • Banque Misr and Export Development Bank of Egypt showed students how banks trade from the dealing room of their headquarters.
  • Students visited the Money Museum, where they learnt about the history of money and currencies in Egypt since the Ptolemaic Era. The visits were sponsored by the Central Bank of Egypt and Banque Misr.

High-level discussions:

  • Global Money Week values were a focus of a discussion between Central Bank Deputy Governor, Banque Misr Deputy for Treasury & Investment, and their respective top management officials.

Games:

  • An online simulation stock exchange game "Stock Riders" was played by around 10,000 students during Global Money Week. The game was developed by Egypt Stock Exchange Authority, and Banque Misr who offered awards for winning students including BM debit card for youth and investment certificates. Link to the website is www.schools.stockriders.com

Competitions:

  • A financial and entrepreneurship project competition was judged by EBI representatives. The schools who participated were Green Heights International School, Turkish Salah ElDin School, and Modern Education School.

National Media:

  • A cartoon called MQ Financial Literacy series for children and youth was developed by the Arab African International Bank, called MQ financial literacy series, www.aaib.tv

Pledge:

  • Students signed a pledge to remain committed to spreading the culture of financial awareness.

Giveaways:

  • T-shirts with “Shaping the Future” and Savers logos and a fun image of an ATM were made and distributed to 30 000 students by Plan Egypt, the National Bank of Egypt, and Societe Arabe Internationale de Banque. The t-shirts are a reminder to the youth to continue spreading the culture of saving when Global Money Week comes to end.

The Egyptian Stock Exchange Authority invited school students to ring the bell to mark the opening of trade in the name of child and youth financial inclusion and education. The children were joined by high governmental stakeholders such as the Minister of Education, Minister of Youth & Sports, Minister of Trade, Industry and Investment, Chairman of the Egyptian Financial Supervisory Authority, Chairman of the Egyptian Stock Exchange Authority and the Executive Director of the Egyptian Banking Institute.

Learn more:

www.ebi.gov.eg
www.egx.com.eg

 

2013 Egypt Global Money Week

Partners - Child and Youth Finance, Plan International Egypt, Aflatoun Egypt, Injaz Egypt, Futures International Schools, Futures Educational Systems, Futures Tech, GIZ, Silatech, Faculty of Economics and Political Science, Cairo University, Futures University, The Egyptian Stock Exchange, The Egyptian Union of Insurance, The Egyptian Financial Supervisory Authority, The Egyptian Financial Service Institute, The Egyptian Post, The National Bank of Egypt, Audi Bank
Date of the event - 15th – 21st of March
Number of children reached - 62 000 – 123 schools – 2 universities
Press - Al-Bosla News; Al-Borsa News; El Fagr; El Fagr; Al Messa; Mujaz; Al Youm and Sabe;Al-Borsa News; Haytna; Mubasher; El Badil; Amwal Al-Ghad; Egyptian Banking Institute; Akhbarak; Dostor; Vetogate; Akhbar El Youm; Masress

Through financial education and products for children and youth, and more specifically through the empowerment of its 18 partners, a marvelous Global Money Week was produced!

The week was organized through the collaborative efforts of the Egyptian Banking Institute, The Egyptian Financial Services Institute, and Plan International Egypt.

The week was planned to produce a number of learning experiences for children and youth 8-21 years old. Both, students of schools and universities had the pleasure to enjoy “Shaping the Future” experience. The conclusion of the week was through the production of the study tours:

  • The Egyptian Stock Exchange - Study Tour
  • The Egyptian Stock Exchange Simulation game launch
  • The Egyptian Insurance Union - Study Tour
  • The Futures Educational Systems Banking Simulation Game Launch
  • Financial Education Interactive Awareness Sessions at: Faculty of Economics and Political Science, Cairo University; Futures University

Throughout the visits, students learned about different financial and banking institutions and had the opportunities to discuss in detail the varied operations and functions of a bank or financial institution. A number of consultations and “Shaping the Future” workshops, such as “What is a bank?” and “How can you be an entrepreneur?” were held over a range of 123 schools and 2 universities.

The Egyptian Stock Exchange launched a Stock Exchange simulation game, where winners were given awards. Also, Futures Foundation, an inclusive learning organization running 13 schools around Egypt, launched its banking module, students learned how to run a bank through a game, they play customers and bank employees.

Varied focus groups within the week were organized in order to formulate the “Shaping the Future” Champions, where children and youth become key stakeholders in the initiative. They took part in shaping the financial products designed for them and became ambassadors in the areas where they live, also going around with their branded Shaping the Future T-shirts (contributed by Plan International Egypt) to create awareness throughout their varied daily destinations!