DURING GMW

Aflatoun Day by Aflatoun International

To celebrate the Global Money Week and its 10th anniversary, which occurred between the 21-27 March 2022, Aflatoun International organised a series of activities involving its partners across the globe. Children and young people gathered in their schools and communities and explored the theme “Build Your Future, Be Smart About Your Money” through plays, dramas, poems, workshops, such as building their piggy banks with recycled materials, and songs.

Moreover, during the Global Money Week, Aflatoun International celebrated Aflatoun Day to highlight the importance of social and financial education in building children and youth’s future. Throughout the week, Aflatoun conducted Aflatoun Day Connect – a series of video calls and a unique way for students to share stories and experiences of social and financial education with other children and young people worldwide. Aflatoun connected hundreds of learners from 33 countries around the world; they shared their stories and asked each other about savings, budgeting and how could Financial Education help them in their future.

Global Money Week and Aflatoun Day were occasions for all Aflatoun’s partners and learners to celebrate Financial Education and to showcase the long term impact it has in schools and communities at the local, national and global level.

INTERNATIONAL AND REGIONAL INITIATIVES DURING GMW

Junior Achievement (JA) Europe

Participating organisations: Junior Achievement (JA) Europe, Arrow Global, Bloomberg, BNP Paribas Personal Finance, HSBC, Mitsubishi UFJ Financial Group Total number of participating organisations: 6 Number of children and young people reached directly: 138 Number of adults reached directly: 69 Number of people reached indirectly: 20,592

The activities JA Europe organised together with its partners during GMW2022 reached 138 young people aged 15-23 from 24 secondary schools and universities all over Europe. Countries represented were Albania, Bulgaria, Germany, Ireland, Italy, Portugal, Romania, Spain, Turkey and the United Kingdom. The activities were supported by 69 business volunteers from Arrow Global, BNP Paribas Personal Finance and Mitsubishi UFJ Financial Group.

Together with BNP Paribas Personal Finance, JA offered Speed Dating Activities allowing students to explore career opportunities in the financial sector as well as financial literacy workshops. MUFG supported the second edition of the Financial Education Innovation Camp from March 22-24 where students had to work in groups to come up with an innovative solution to a given challenge. Arrow Global volunteers joined the Speed Learning to share their career story with secondary school students. Together with Bloomberg, a new initiative called “EU Women in Finance” was launched aiming to encourage more women to pursue careers in finance and strive to become senior leaders in the sector. The initiative will give female high school students in six European countries an introduction to financial markets using a curriculum developed by Bloomberg. Participants will also have a unique and valuable opportunity to learn from senior leaders in the finance ecosystem across the private and public sector, including banking executives, investors, political decision-makers, central bankers, civil servants and regulators.

A social media campaign around “JA Building a Financially Capable Generation” was led as well: a financial education experience supported by HSBC that targets thousands of students in 17 countries worldwide.

The Europan Money Weel (EMW)

Coordinator: European Banking Federation (EBF) Total number of participating organisations: 33 Number of children and young people reached directly: 50,00 Number of adults reached directly: 3,426 Number of people reached indirectly: 253,000

The European Money Week is an initiative launched by the European Banking Federation (EBF), involving national member associations across Europe. In 2022, the Albanian Association of Banks, Austrian Bankers Association, Azerbaijan Banks Association, Croatian Banking Association, Czech Banking Association, Finance Denmark, Estonian Banking Association, Finance Finland, Association of German Banks (BdB), Hellenic Banking Association, Icelandic Financial Services Association, Hungarian banking Association, Banking & Payments Federation Ireland, Foundation for Financial and Savings Education (Italian Banking Association), Finance Latvia, Liechtenstein Banking Association, Lithuanian Banking Association, Malta Bankers’ Association, Macedonian Banking Association, Finance Norway, Polish Banking Association, Portuguese Banking Association, Association of Serbian Banks, Romanian Banking Association, Slovak Banking Association, The Bank Association of Slovenia, Spanish Banking Association (AEB), Swedish Bankers’ Association and Banks Association of Turkey participated in the European Money Week 2022 (EMW22). The EMW22 campaign “Supercharging Financial Skills” was supported by Czepczy ski Family Foundation, the Global Financial Literacy Excellence Center (GFLEC), and Kahoot!

During the Global Money Week 2022, the European Banking Federation (EBF) launched its “Supercharging Financial Skills” campaign for the fifth edition of the European Money Week.

Throughout this week, young people, policymakers, and financial institution employees were invited to test their financial skills via an interactive lightning bolt installation, which included a 15-question quiz, developed with the support of the Global Financial Literacy Excellence Center (GFLEC). This quiz was also made available online on the Kahoot platform, and for each quiz completed between March 21-25, the EBF donated five EUR to the Czepczy ski Family Foundation to a reception center welcoming Ukrainian women with small children. During the week, over 400 people completed the online quiz and countless more played the quiz in person. In parallel to this, a social media campaign was launched inviting people to become ambassadors for financial literacy on LinkedIn to show support for financial education initiatives and bring a spotlight on the importance of financial skills.

In addition to an opening dinner attended by high-level figures working on financial education at a European level, the EBF organized several online events and a spotlight interview series, which were viewed by over 1,000 people. To kick off the 2022 European Money Week, a flagship event with speakers from the European Banking Authority, JA Europe, European Commission, and the Czepczynski Family Foundation explored what role financial skills play in people’s lives and how boosting them can help address challenges different groups face in our society, from identifying cyber scams, to supporting refugees settling in a new country.

A spotlight interview series with speakers from BETTER FINANCE, Société Générale, and NBC Global Finance examined the link between sustainability and financial skills, with a focus on the role of banks and investors. To bring attention to the importance of financial skills for capital markets, speakers from Finance Watch, FOM Technologies, and BBVA discussed how being financially skilled is crucial for making good use of the wider financial market opportunities, either in funding or investments.

National member associations of the EBF also organized the national finals of the European Money Quiz competitions during the European Money Week. This year, 50.000 students aged 13 to 15-years-old participated in 1,891 classrooms across 29 European countries. The national winners would later compete in pairs at the European finals, hosted by the European Banking Federation on May 10. The European Money Quiz 2022 follows this year’s European Money Week “Supercharging Financial Skills” campaign by spotlighting the importance of financial education for young people to lead a better and more secure life.

World Assembly of Youth (WAY)

Participating organisations: World Assembly of Youth, WAY and its members Total number of participating organisations: 1,000 Number of children and young people reached directly: 700 Number of adults reached directly: 300 Number of people reached indirectly: 5,000

Like every other year, WAY assisted member countries to share knowledge to young people on financial literacy and responsibility by organising various youth talks online at regional and international level.