Global Money Week

2017 Kazakhstan Global Money Week


Participating Organizations:
Kazakhstan Stock Exchange
Home Credit Bank Kazakhstan
National Chamber of Commerce of Kazakhstan
Financial expert Saltanat Abaeva AiSa777

Kazakhstan Stock Exchange conducted its student project "Stock Exchange Simulator" game within the framework of Global Money Week 2017. On March 28, 2017 in the Kazakh National University. Al-Farabi, the official opening of the "Exchange Simulator" project took place, organized by the Kazakhstan Stock Exchange and the Information Agency of Financial Markets "IRBIS". The project has been taking place for the ninth year in a row and this year it began on the occasion of Global Money Week. The purpose of the project "Exchange simulator" is to increase the financial literacy of young professionals and to obtain practical skills to operate in the stock market.

FFinancial expert Saltanat Abaeva has also taken up the initiative to organize several GMW events between 27 March and 2 April in Kazakhstan. She also organized student visits of high schools to banks and insurance companies and seminars and lectures at the schools and universities of Almaty city. One of the key activities included the meeting of young entrepreneurs with the experienced businessmen at the National Chamber of Commerce of Kazakhstan during the Week.

Home Credit Bank Kazakhstan continues to be at the forefront of Global Money Week celebrations in Kazakhstan, with financial education seminars and games scheduled to take place all over the country between end of March and mid-April 2017, due to the school holidays in the country.


2016 Kazakhstan Global Money Week

Leading Organizations:
Bank Home Credit
University of Central Asia

Participating Organizations:
University of Central Asia (UCA) and Aga Khan Development Network (AKDN
Home Credit Bank Kazakhstan
Kazakhstan Stock Exchange

Date of the event:
14th - 20th of March

Total number of children & youth engaged: 31 192
Total indirect reach: 28 741

Home Credit Bank took part in Global Money Week for the third year in a row this year, with the magnitude of their events growing each year. The program of seminars initiated by the bank, entitled "Journey to the world of finance", was designed for students of both primary and secondary education schools, as well as high school and college students. Business coaches from the bank conducted seminars in all major cities of Kazakhstan. Seminars on financial literacy were conducted in schools, which included presentations of the textbook "Kids and Money" for children on financial literacy, discussions on the concept of wishes and needs, games, brainstorming sessions, part time job opportunities for young people and many more. The seminars once again received great feedback from the students, teachers and school principals.

The University of Central Asia also celebrated Global Money Week by having students participate in the GMW-Selfie challenge, baking a cake for the 5th anniversary of the Week, creating a money box and by participating in financial education lessons and lectures that were conducted. One of the groups, together with an instructor, conducted lessons on the topic "Money makes money". The students discussed about how to save money and each student described their own piggy bank. The students decided to make a money box from disposable cups and the basis of money and garlands, in the form of Baiterek, which is one of the most important architectural building in Kazakhstan.

"I believe that these classes give children the opportunity not only to learn financial literacy, not only to understand what money is, how they need to work on how to allocate their financial resources, but also they will be able to determine its own priorities in their lives ..." Baygunakova Sharihan Galievna, Director of the UNESCO Associated Schools at the Kazakh-American University
"It is very interesting seminar. Children learned what is a budget, how to manage their finances. Despite their age children understand that they need special skills, knowledge and abilities in order to realize dreams. How to save money, manage money properly and comply with the budget - the knowledge that children received on the seminar." Teacher of History, school № 30, Semey
"Today, at a seminar held by the Bank, Home Credit, we learned a lot about how we can not only spend, but also save money at our age. It was very interesting. We conducted various financial quizes and received a lot of skills" Alina, Grade 6, the city of Semey

2015 Kazakhstan Global Money Week

Participants:
Kazakhstan Stock Exchange
Home Credit Bank Kazakhstan
International Centre for Economic Literacy
University of Central Asia (UCA) and Aga Khan Development Network (AKDN)
Date of event:
10th - 17th of March
Number of children reached:
1 760

On 11 March, Global Money Week 2015 was launched with Kazakhstan Stock Exchange opening its doors for students for the official trade opening ceremony. Students were addressed by the Vice-president of Kazakhstan Stock Exchange and other invited speakers. The ceremony was also supported by the International Centre of Economic Literacy, local NGO focused on raising the level of financial literacy among the citizens of Kazakhstan. During the rest of the week, many activities were organized in the country by the stakeholders from various sectors and in different regions of the country.

Home Credit Bank Kazakhstan participated in Global Money Week for the second year. It organized an extensive series of more than 40 workshops and practical seminars for more than 1400 school children and students in 17 cities of Kazakhstan, including Almaty, Astana, Karaganda, Ust-Kamenogorsk, and Uralsk among others. Financial literacy workshops were aimed at three different age groups of children and youth – 8 to 10, 11 to 13, and 15 to 20 year olds. The bank also organized a drawing competition in Uralsk city in which children from more than 47 schools took part. Parents could participate in a webinar arranged by Home Credit Bank on how to teach children financial literacy.

“It is the second year our class participated in Global Money Week. The seminar is very interesting and provides kids with a lot of useful information. I believe that children should be taught financial literacy from the first year at school, teach them about transactions and budget. It is very useful, high/quality, interesting and comprehensive information… Ideally these seminars should be conducted more often and will be included in the school curriculum from the first grade in the schools of Almaty”Teacher at Gymnasium №18, Almaty

Civil society organizations were also active participants in the celebrations. The International Centre of Economic Literacy conducted educational lectures and seminars in several schools and colleges in Almaty. It also promoted the week and its objectives in national media and TV channels in the country. University of Central Asia and Aga Khan Development Network celebrated Global Money Week with local partner in Tekeli, Kazakhstan. Between March 11th and 13th, University of Central Asia organized interactive trainings on strategies for spending money effectively in several secondary schools around the city.

 

2014 Kazakhstan Global Money Week

Participants:
Kazakhstan Stock Exchange
Home Credit Bank Kazakhstan
Economics & Management Faculty, International IT University
Date of the event:
12th and 17th of March
Number of children reached:
52

On March 17, 2014, KASE organized a seminar on the Kazakhstan Stock Exchange (KASE), IPO and investment for 2nd and 3rd year students of the Economics & Management Faculty, International IT Universit. Information provided to the students included some crucial market statistics, IPO process and investment opportunities from the KASE.

Students actively participated in the discussion of the topics and asked questions like what is the minimum amount of money required to invest on the exchange, the correlation between the Russian and Kazakhstani markets, and guarantees on return of investments etc. The KASE employees were pleased to learn that the students already had a basic knowledge of the stock exchange, were updated on the global trends in the area and were willing to learn more.

On March 12, 2014, the Home Credit Bank Kazakhstan conducted a seminar on financial literacy for primary school pupils in Almaty. The seminar was dedicated to the history of money, finance and budget planning. They also presented the book which was developed by the Home Credit Bank Russia titled "Children and Money", which will be adapted to the Kazakh context later this year. The event included simple financial games where kids could use the acquired knowledge as well as some finance-themed cartoon watching.

 

2013 Kazakhstan Global Money Week

Name of organizing entity - Kazakhstan Stock Exchange
Date of the event - 20th of March

High school children enjoyed lectures on Islamic finance in Kazakhstan conducted by a specialist at the Kazakhstan Stock Exchange.