Global Money Week

2017 Rebuplic of Moldova Global Money Week

Leading Organizations:
National Bank of Moldova

Participating Organizations:
National Bank of Moldova
Ministry of Education
Institute of Education Sciences
European Fund For Southeast Europe (EFSE)
National Commission for Financial Markets
Moldova Stock Exchange
insurance companies
IPR Callidus
participants of the capital market
commercial banks
schools
universities

Activities planned to be organized by the National Bank of Moldova:

- Interactive games for children;

- Interactive games for children;

- Competition on the finance and banking subject for children, with interactive explanation of each response to the questions. As awards will be offered commemorative coins;

- Interactive course "My business" for pupils, which will require the preparation of a business plan.

Activities planned to be organized by the National Commission for Financial Markets, Moldova Stock Exchange, insurance companies, participants of the capital market:

- Workshop: "How to invest in the capital market"

-Visits to the Stock Exchange: Open Doors Day

- Visits to financial institutions: Presentation "Learning about financial instruments", "Learning about insurance"

- Social Campaigns: Promoting Guidelines on Consumer Protection in the field of financial services

Activities planned to be organized by the commercial banks:

- Visits of banks’ employees to schools (primary classes) with the purpose to organize interactive and entertaining activities with the subject "How to teach children to make their own savings";

- “Open Doors Days” for children and youth:

. visits to headquarters and secondary offices;

. presentation of banking products and services;

. entertaining discussions

. competition with questions and answers;

- Reflecting on the banks’ website and on their Facebook page the events that will take place with participation of banks employees within the Global Money Week 2017;

- Participation within the “Global Money Week Selfie Challenge”;

- Presentations of banking products and service, made my banking specialists, for students and teachers from universities;

- A financial education course for children organized by one of the banks at its Training Center;

- Workshops / seminars on financial education for pupils with the subjects: “The history of money”, “How to make savings”.


2016 Moldova Global Money Week

Leading Organizations:
National Bank of Moldova

Participating Organizations:
Ministry of Education
European Fund for Southeast Europe (EFSE)
Educational Centre “Quo Vadis”
VICTORIABANK
MOLDOVA - AGROINDBANK
Moldindconbank
EuroCreditBank
Banca de Finanţe şi Comerţ
ENERGBANK
Banca Comercială Română Chişinău
EXIMBANK - Gruppo Veneto Banca
MOBIASBANCĂ - Groupe Societe Generale
Academy of Economic Studies of Moldova
Free International University of Moldova
State University of Medicine and Pharmacy “Nicolae Testemitanu”,
Technical University of Moldova
Trade Co-operative University of Moldova
Comrat State University
Ungheni Agro-industrial College
Business Academy for Children and Adolescents “Prospera”
Agence Universitaire de la Francophonie (AUF)

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

Total number of children & youth engaged: 1 929
Total indirect reach: 65 290

During Global Money Week 2016, the National Bank of Moldova organized seminars for teachers, city guides and for pupils at its headquarters. The seminars for teachers and pupils were organized with the support of the European Fund for Southeast Europe (EFSE). An interactive game on financial subjects was developed in collaboration with the Educational Centre “Quo Vadis” and was played during the GMW seminars for pupils. The materials and accessories used in the game were similar to those used in banks, agreement centers and shops, which contributed to a better understanding of the financial subjects by children in an interactive and interesting manner. With the assistance of EFSE, a booklet for children was also produced entitles “A travel in the money world”. The booklet includes information on money history, roles and features and more. A number of 385 booklets were distributed to children and teachers (trainers) to be used in their homeroom classes.

The commercial banks were very active in promoting various activities and events during GMW. One bank invited a group of 28 children of 5-7 years to take a tour of the bank’s head office to show them how the employees of the banks are doing their jobs and to teach them about out how the money system works. The children were excited to see a real cash counting machine. Also, the bank’s employees asked the children about banking cards, banknotes and the history of money; the discussion was very entertaining and informative. Also, in order to support the Financial Education Program, a commercial bank launched a new type of bank deposit “Young”.

Another commercial bank organized financial education lessons for teaching staff, pupils and students. These lessons included various themes related retail banking activities, such as: cards, loans, deposits, remote services (Internet Banking, Mobile Banking, SMS banking), 24/24 zones, self-service centers and multifunctional ATMs. The participants were informed about the characteristics of products and services offered by the bank. At the end of the presentation, the participants were involved in a dynamic discussion about the bank's products. It is important to mention that participants had high interest to the innovative services offered by the bank, such as: direct charging from ATM, loans with the grace period, American Express (new banking product on the market), Gold and Platinum cards and more. During GMW, the bank’s team visited several educational institutions from Chisinau such as State University of Medicine and Pharmacy, Technical University of Moldova, and more.

During GMW, another commercial bank organized an “open lesson” on the banking products amongst the children (aged between 8—14 years old) of their employees; a trip to the central office of the bank was organized especially for them. The children became acquainted with all the subdivisions of the bank and they monitored the work of the cashiers. However, this time, the children were on the other side of the cash desk. The children were told about the work process within the bank and they were presented with several samples of commemorative coins.

As part of the GMW event, a bank arranged an Open Doors Day for students in its branches, where the students had the chance to learn about the functioning of the bank in more detail. This event took place in many cities of Moldova such as Chisinau, Ialoveni, Balti, Comrat, Ciadir-Lunga, Ungheni, Floresti, Cahul, Riscani, Drochia, Rezina, Anenii Noi, Orhei. The bank organized financial education lectures for students in the educational institutions in the cities Comrat and Ungheni. The bank representatives also visited the universities in order to offer students lessons on basic finance, budgeting saving saving. The children who attended these events learned about savings, loans, cards and other bank products, as well as about how to deal with money, make it useful and achieve their goals.

During the activities organized by another commercial bank, the participating children learned about the history of money, the ancient forms of money, about the National Bank of Moldova (the role, basic functions, etc.), about the commercial banks (the types of operations that can be performed, who work in banks, etc.), about the history of Moldovan Leu, about the banking products and services, about how to spend money rationally and about the future of money.

In the same period, one commercial bank, as a partner of Circus from Chisinau, gave children the possibility to color the pictures provided by the bank before every circus show and encouraged children, along with parents, to participate in the promotional campaign with the chance to win a guaranteed prize (branded bag) simultaneously with opening a deposit account. Another commercial bank issued banking cards for youth during GMW.

At the Free International University of Moldova (ULIM), 100 French speaking students from eight universities around the country, members of the “Agence Universitaire de la Francophonie” (AUF), had the opportunity to meet and discuss with the president of a commercial bank. The event was part of a series of activities traditionally organized by AUF and the commercial bank under a long-term collaboration between the two institutions. Also, the commercial bank, in cooperation with the Academy of Economic Studies of Moldova (ASEM), organized a roundtable discussion entitled "Training bankers - 25 years of modernization". The main objective of the event was the adjustment of the teaching process and methodologies of young specialists according to the banking market demands, and setting a long term cooperation with educational institutions.

“It was a real challenge for our institution to take part in Global Money Week. It’s unusual for bank employees to see children walking around the offices, but it was an extraordinary experience for them and we’re happy that our team made it happen.” Representative of a commercial bank, Moldova
“We’re very grateful to the bank employees for guiding us and for all the activities they organized. It was very informative and even relaxing for children to learn from question and answer games. We hope this event will continue the next year.” Participating youth, Moldova
“I will apply this in my homeroom classes.” Participating youth, Moldova

2015 Moldova Global Money Week

National Bank of Moldova
National Commission for Financial Market
Institute of Educational Sciences
Ministry of National Education - Moldova
Commercial Banks in Moldova are participating
Date of event:
9th - 17th of March
Number of children reached:
200

The National Bank of Moldova led the organization of 2015 Global Money Week celebrations in Moldova. Trainings were held for teachers of financial education, supported by the European fund for South-East Europe. Kindergarten children learned about financial and social education. Children and youth of different ages visited the National Bank where they learned about how central banks work. A national competition, sponsored by the National Bank, for the best story or poem on financial matters was held. The winner of the competition was awarded with a commemorative coin from the National Bank’s collection.

At the request of the National Bank of Moldova, the commercial banks were encouraged to join the Global Money Week celebrations. Commercial banks examined the possibility of implementing a SchoolBank project in the Republic of Moldova. Meetings were held with schools around the country to establish the collaboration mechanism that could be used. Furthermore the banks organized a series of activities contributing to the promotion of financial education for children and youth in the country.

The National Commission for Financial Markets (NCFM ) organized an ‘Open doors day’ in which workshops explaining the role of the commission were explained. Volunteers from the NCFM created workshops for students on thematics related to non-banking financial markets matters. Students from the Financial-Banking College visited institutions from the non-banking financial sector and had the chance to meet with financial specialists and to understand how financial markets work.

 

2013 Moldova Money Week

Name of organizing entity - Ministry of Education Moldova; National Bank of Moldova; Indigo Center; Partners - National Bank of Moldova, National Commission of Financial Market, Moldova Stock Exchange, Radio din Moldova; Date of the event - 15th – 21st of March; Number of children reached - 9 500; Press- Jurnaltv.md; CapitalMarket.md; CapitalMarket.md; Radiochisinau.md; Radiochisinau.md; Trm.md; Infomarket.md; NewsPoint.md; Yam.md; Interlic.md; Bnm.md; website of the Ministry of Education

The representatives from Radio Moldova were so impressed after the discussions with children during the National Company on financial issues that they will hold another Company on financial issues next month to ensure the input of children.

Children and youth from 17 districts of Republic of Moldova were included in financial education activities: children from mainstream schools, Centers and boarding schools, students from Police Academy of Moldova. During Global Money Week children and youth in Moldova had the opportunity to celebrate with:

  • Visits to the National Bank of Moldova – Children and youth for the first time visited National Bank of Moldova;
  • Visits to banks and other financial institutions such as the Moldova Stock Exchange, International Insurance Companies;
  • Workshops and interactive lessons in schools, centers and Police Academy of Moldova with the representatives of the Banks and the representatives of the National Commission of Financial Market;
  • Global video-chat, youngsters from five educational institutions connected via video to share their experiences;
  • Performance on financial issues: children participated at a special performance on financial issues produced specially for Global Money Week;
  • Exhibitions – Children had the opportunity to display their piggy banks, handicrafts and projects in interactive exhibitions at the National Bank;
  • Learning from the market – a fair was organized by children where the crafts they produced were donated to Children’s Cancer Center;
  • Company on financial issues initiated by RadioMoldova;
“I am saving for difficult days.” - Child, age 9
“I will postpone the purchasing of the doll for the next year. It is not a priority for me today.” - Child, age 5

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