2023 Georgia Global Money Week
GMW NATIONAL COORDINATOR:
- National Bank of Georgia
PARTICIPATING ORGANISATIONS:
- Bank of Georgia, TBC Bank, Basisbank, Credo Bank, MFO MBC, Financial inclusion organisation Crystal, National Youth and Children’s Palace, Junior Achievement Georgia, Caucasus International University, Ilia State University, Aflatoun International, Pension Agency, German Sparkassenstiftung Georgia.
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 120
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 3500
NUMBER OF ADULTS REACHED DIRECTLY:
- 300
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 1 500 000
Throughout GMW2023, the National Bank of Georgia (NBG) and its Financial Education Platform (FinEdu), in cooperation with partners, implemented various educational activities that reached about 1500000 children, youth and adults. The National Bank of Georgia and FinEdu in cooperation with Bank of Georgia, TBC Bank, Basisbank, Credo Bank, MFO MBC, Financial inclusion organisation Crystal, Caucasus International University, Ilia State University, Aflatoun International and Pension Agency held poster and slogan contest about sustainability and environment. Name of the contest was “Plan your money, Plant your future” and participants had opportunity to create poster with slogan about four topics (Responsible consumption and purchases, Purchasing alternatives and waste management, Physical and financial risks associated with climate change, Importance of eco-friendly and sustainable business). NBG and Finedu with Bank of Georgia, MFO MBC, Pension Agency, Caucasus international university and Ilia state university, also organised a video competition called ”My money”. Students had to record a 2 minutes video where they talk about Georgian money or managing finances. Awards ceremony of both contests was held in the head office of the National Bank of Georgia.
FinEdu with Bank of Goergia, TBC bank, Basisbank, Credo Bank, MFO MBC, Pension Agency, Caucasus International University, Ilia State University and Aflatoun Georgia organised visits to schools. Financial educations lessons, both offline and online were made available in almost every region of Georgia. Around 3500 students from 94 schools learnt about history and development of money, importance of managing and saving money, climate change and importance of taking care of financial and natural resources.
2022 Georgia Global Money Week
GMW NATIONAL COORDINATOR:
- National Bank of Georgia
PARTICIPATING ORGANISATIONS:
- TBC Bank, Liberty Bank, Basisbank, Credo Bank, MFO MBC, MFO Crystal, National Youth and Children’s Palace, Junior Achievement Georgia, Caucasus International University, FEA Georgia, 27 schools
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 38
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 4,542
NUMBER OF ADULTS REACHED DIRECTLY:
- 150
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 640,000
Throughout GMW2022, the National Bank of Georgia (NBG) and its Financial Education Web Platform – FinEdu (www.finedu.gov.ge) - in cooperation with partners implemented various educational activities that reached about 640,000 children, youth and adults.
The National Bank of Georgia and FinEdu in cooperation with Commercial Banks and Microfinance Organisations - Bank of Georgia, TBC Bank, Liberty Bank, Basis Bank, Credo Bank and MFO MBC held a blog contest with the name “Build your future, be smart about money!” Contestants had to write about money from different perspectives, like history, literature, movies, personal experiences, and more. The competition was dedicated to the idea of supporting Ukraine. The winners had the opportunity to contribute to help Ukraine, as according to the terms of the competition, the prize fund on behalf of the 17 winners was transferred to the accounts in support of Ukraine. NBG and FinEdu also organised a drawing competition on the topic of “Money and Peace.” Young people under 18 had an opportunity to draw banknotes and coins of Georgia and Ukraine by additional element or new design. 10 participants were selected by jury and five by public. The winners received certificates, branded gifts and educational materials from the NBG.
FinEdu with TBC bank, MFO MBC, Caucasus International University and FEA Georgia organised online webinar classes on the topic of money for school students. Around 900 students from 27 schools had an opportunity to learn about GMW, history of money, Georgian money, savings, personal finance, and more.
During Global Money Week, FinEdu organised different activities on social media. These included posts, blogs, publications, quizzes, four launches via Facebook live events on topics of GMW, history and development of the money, tricks of saving, and other.
Commercial banks, microfinance organisations, NGOs, schools hosted a number of different educational activities. Bank of Georgia organised social media campaigns through videos on TikTok, quizzes and articles on Facebook and Instagram.
MFO MBC and MFO Crystal organised lectures for university students where they had a chance to learn money topics, such as history of Georgian money, security features of banknotes.
During GMW2022, Caucasus International University and National Bank of Georgia signed partnership memorandum. The memorandum aims to increase access to financial education and raise awareness among the young generation. Professors and students had a chance to attend a lecture delivered by Governor of the NBG Koba Gvenetadze where he spoke in detail about the importance of financial education and what the main financial institution of the country is doing in this direction.
Caucasus International University and FEA Georgia held special online course for undergraduates who were interested in business, management tourism and finances.
National Youth and Children’s Palace celebrated GMW with presentations of Aflatoun club members. Junior Achievement Georgia hosted Entrepreneurial Education Festival where representatives of NBG, ministry of education and few other organisations participated as the Jury. Both National Youth and Children’s Palace and Junior Achievement Georgia held online and offline seminars for school students to raise their awareness about financial literacy.
2021 Georgia Global Money Week
GMW NATIONAL COORDINATOR:
- National Bank of Georgia
PARTICIPATING ORGANISATIONS:
- Credo Bank, FINCA Bank Georgia, Liberty Bank, TBC Bank, Terabank, Basisbank, MFO Crystal, MFO MBC, Crystal Fund, National Youth and Children’s Palace, Junior Achievement Georgia, Banking Association of Georgia, Ilia State University, Georgian Institute of Public Affairs, media organisations: on.ge; bm.ge; ghn.ge; ipn.ge; pia.ge; gbc.ge, and others
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 22
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 49,650
NUMBER OF ADULTS REACHED DIRECTLY:
- 35,750
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 1,147,400
Throughout Global Money Week 2021, the National Bank of Georgia (NBG) and Financial Education Platform (FinEdu) here in cooperation with local and international partners, implemented various interactive educational activities that reached about 1,233,000 children, youth, and adults.
The National Bank of Georgia and FinEdu organised a countrywide Facebook contest for students on the topic of money and the world of money. The 15 winners were awarded with branded gifts from the NBG. Contestants had an opportunity to learn more about saving, money management and financial security. During the Week, the financial education platform FinEdu had social activities on different topics related to money and personal finance. Posts, blogs, publications and quizzes were published on topics such as Global Money Week, history of the Money Museum, interesting facts about Georgian Lari, information about collectible and investment coins, saving, and a lot more. Together with local and international partners over 40 financial education activities were implemented including educational videos, webinars, trainings, online and in-person lectures. GMW2021 news were shared on social media, websites, and in the media.
Commercial banks and microfinance organisations hosted a number of different educational activities. Crystal Fund and Financial Inclusion Organisation Crystal held two webinars for youth on the topics of financial literacy, saving and budgeting. Crystal published an insightful video about consumer rights, and wrote a blogpost and publication about money and savings. The Bank of Georgia held numerous social media campaigns such as quizzes, talks about savings and money on Facebook, TikTok and Instagram. TBC Bank published blogs about money and savings on helloblog.ge platform including a quiz “Tell us how you spend your money and I will tell you which generation you belong to.” FINCA Bank Georgia ran a social media campaign about GMW2021 and importance of money matters. They also participated in a webinar that was organised by Georgian Banking Association. Liberty Bank conducted an online session on the topic of financial protection and security, and how to simplify the use of remote services. Similarly, Credo Bank, Terabank and Basisbank ran a social media campaign during the Week. MFO Micro Business Capital organised an online financial education event for students in the ages of 14-18 where a representative from the NBG delivered an interactive lecture on financial education, savings, budget, loans, and financial security.
National Youth and Children’s Palace celebrated the annual international Aflatoun Day. Online webinars about history of money and financial securities were conducted for students during the Campaign. Ilia State University held a webinar for students on the topic of money transformation. Georgian Institute of Public Affair conducted in-person trainings for students on bank products. Participants discussed financial products, personal finance management and savings. Junior Achievement Georgia (JAG) hosted an online session for students and other attendees on the following topics: the function of money, personal finance, savings, investing and borrowing, the value of money, and more. Banking Association of Georgia held a webinar for adults with the involvement of financial institutions. Representatives from the NBG, the Banking Association of Georgia, TBC Bank, FINCA Bank Georgia and Liberty Bank delivered a lecture about financial education, importance and different ways of savings and personal finance.
2019 Georgia Global Money Week
LEADING ORGANISATIONS:
- National Bank of Georgia
PARTICIPATING ORGANISATIONS:
- 12 Media Organisations, 2 Universities, 46 Schools, Bank of Georgia, BasisBank, Credo Bank, Crystal Fund, Financial Education Center of Ilia State University, FINCA Bank Georgia, Junior Achievement Georgia, Liberty Bank, MFO Crystal, MFO MBC, Ministry of Education, Science, Culture and Sport of Georgia, National Youth and Children's Palace, Save the Children, TBC Bank, VTB Bank
NUMBER OF CHILDREN REACHED DIRECTLY:
- 1 655
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 82 543
National Bank of Georgia
Global Money Week was once again festively celebrated by the National Bank of Georgia (NGB), together with its local and international partners, by implementing various interactive educational activities. The NBG and the Ministry of Education, Science, Culture and Sports, organised a countrywide art competition for children and the topic of Georgian money, to celebrate the 100th anniversary since the establishment of the State Bank of Georgia. The children created their own original designs of a Georgian Lari banknote or coin. The winners were invited to the NBG’s Money Museum, where the winners talked about their creations and attended an interactive lecture on the history of the National Bank and Georgian money. NBG and Visa organised a Financial Football game at the National Youth and Children’s Palace (NYCP), where students were able to play, while at the same time improve their financial knowledge. Additionally, NBG and Save the Children conducted a financial literacy workshop, with fun and education games. Junior Achievement Georgia (JAG), in collaboration with the NBG and the University of Georgia, hosted a workshop, titled “How to Manage Money and Start Investing”. Throughout the Week, JAG also hosted an exhibition, a sale, and a competition for the 25 best ‘mini’ companies that participate in the “Entrepreneurship” programme, which is part of the USAID project “Supporting Business Education in Europe and Eurasia”. Further, on March 27, NBG and Save the Children held a financial literacy workshop for the youth in Kakheti region which was filled with fun and educational games. Moreover, on March 27, NBG invited pupils from Buckswood School at NBG’s Cash Center, where pupils learnt about the creation, circulation and destruction of money, and took part in an interactive lecture about importance of saving and money management. In addition to the events organised by NBG, commercial banks and microfinance organisations also hosted different education activities. Interactive lectures were conducted, where the students discussed effective money management, savings, bank modelling, and daily financial operations. Drawing competitions were organised on this year’s GMW theme, Learn.Save.Earn.
Finally, the National Youth and Children’s Palace celebrated international Aflatoun Day, to raise awareness about social and financial literacy.
2018 Georgia Global Money Week
LEADING ORGANISATIONS:
- National Bank of Georgia (NBG)
PARTICIPATING ORGANISATIONS:
- 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 organisations, 2000 schools
NUMBER OF CHILDREN REACHED DIRECTLY:
- 10 357
NUMBER OF PEOPLE 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, organised 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 analysing 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 ORGANISATIONS:
PARTICIPATING ORGANISATIONS:
- Bank of Georgia (BOG)
- Bank of Georgia (BOG)
- FINCA Bank Georgia
- MFO Crystal JSC
- NBG’s Money Museum (Kvareli)
- Georgia’s Innovation and Technology Agency (GITA)
- National Youth and Children’s Palace (NYCP)
- Business and Technology University (BTU)
- Optio Ai (fintech startup), PH International, Public and Private schools
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 organised 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 learnt 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 (organised 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 organised 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 learnt about the importance of technological innovations and witnessed the work of various startups first-hand.
2016 Georgia Global Money Week
LEADING ORGANISATIONS:
PARTICIPATING ORGANISATIONS:
- National Bank of Georgia (inc. Money museum)
- National Youth and Children’s Palace
- Finca Bank Georgia
- Society and Banks (NGO)
- Maestro TV
- Public Schools
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 organised 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 organised 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 learnt 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 organised 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 organisations 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 organised for 3 groups of school children to visit the Money Museum of the National Bank.
