Global Money Week

2017 Georgia Global Money Week

Leading Organizations:
National Bank of Georgia

Participating Organizations:
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 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 select works were awarded special prizes, prepared in cooperation with Finca Bank Georgia, and were invited to an exciting field-trip to the Money Museum of Kvareli, Georgia. Furthermore, NBG visited several schools and, in cooperation with 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, 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 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 balance, 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.

A video of the activities of the Week can be viewed here:


2016 Georgia Global Money Week

Leading Organizations:
National Bank of Georgia

Participating Organizations:
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 of the event:
14th - 20th of March

Total number of children & youth engaged: 4 170
Total indirect reach: 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 to 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 schoolchildren 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:
National Bank of Georgia
National Youth and Children Palace of Georgia
Date of 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 presentation about the history of money, 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:
National Bank of Georgia
Privat Bank Georgia
Date of the event:
10th - 17th of March
Number of children reached:
410

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.

National Bank of Georgia hopes that other financial and educational organizations will join them in celebrating Global Money Week next year. This will 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 Privat 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 banking system and banking services. The bank also organized 3 groups of school children to visit the Money Museum of National Bank of Georgia.

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