Financial literacy, financial education take centre stage
The following story will appear in the upcoming issue of WSBI-ESBG News & Views.
BRUSSELS, 5 May 2018 – Belarusbank, as an active participant within the financial market when it comes to financial literacy, continued in 2017 to act in accordance with the Plan of Joint Actions of State Bodies and Financial Market Participants to Increase Financial Literacy of the Population of the Republic of Belarus for 2013-2018. This activity is one component of the bank’s corporate social responsibility policy.
In each division of the bank and the head office there are groups focused on increasing financial literacy, and the bank’s initiatives in this area cover all regions of the country. The bank’s financial literacy groups cooperate with educational institutions and territorial social service centres, enterprises and organizations, take part in all the landmark events held in the regions.
The main areas of work on financial literacy are: thematic, mass, training events, joint projects with the media and children’s publications, active work with clients in the bank’s offices, as well as at their place of work and study. For customers of the older generation bank organized special schools of “golden age” with the purpose of practical training in the use of self-service devices, internet banking and involvement in the system of non-cash payments.
On the bank’s website there is a special section “Alphabet of the financial literacy. Finance lessons”. The call centre is actively present in social networks. In the bank’s head office there is a Museum of Savings Business Development, which organizes excursions and interactive activities on financial literacy.
The bank traditionally takes an active part in the celebration of the International Children’s and Youth Global Finance Week and World Savings Day. In the cooperation with Children and Youth Finance International (CYFI), the bank was awarded a “Best Product for Children and Youth 2016” nomination for the implementation of the “Student’s Map” project.