Annual Report 2019 slide image

Annual Report 2019

cooperation with the RA Ministry of Territorial Administration and Infrastructure, training courses on effective management of personal finances were conducted in 96 communities of 9 regions of Armenia. As much as 1535 rural community residents have participated in these courses. The "My finance month-2019" program was carried out this year too. The goal of the program is sharing knowledge and relevant skills on personal finance with people in a clear and affordable way. In 2019, with the support of the Savings Banks Foundation for International Cooperation (SBFIC), a research work "Financial Education for Migrants: mapping and assessment of needs" was done, and a respective financial education program will be developed based on the results of the research. During the year, with the support of the SBFIC, a survey "Barometer of Financial Capabilities" was carried out. The results of the survey are expected to be used to develop the National Strategy for Financial Education 2020-2024 action plan. The educational projects "Workshops for the Military", "Citizenship" and "Mediator's Camp" and the TV project "The Smartest" were carried out in addition to other programs during the reporting year, and more than 150 e-articles addressing educational issues were published. Various online financial awareness campaigns were implemented, in particular through social platforms (Facebook, YouTube, Twitter pages) of the website abcfinance.am. The CPFEC sustained its cooperation with international institutions supporting consumer protection and financial education, such as the International Financial Education Network (INFE), the Alliance for Financial Inclusion (AFI), and the Eurasian Economic Partnership. ANNUAL REPORT 2019 57 COOPERATION WITH I NTERNATIONAL ORGANIZATIONS INSTITUTIONAL DEVELOPMENT OTHER OBJECTIVES OF THE BANK MAIN CENTRAL BANK OF OBJECTIVES THE REPUBLIC OF ARMENIA
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