Georgia

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.