Georgia

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. GMW 2021 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 GMW 2021 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.