UCRFIN supported an NBU initiative on Financial Literacy Week

November 06, 2014. UCRFIN Association has supported an initiative of the National Bank of Ukraine on holding the All-Ukrainian Financial Literacy Week.

As a realization of this initiative Associations’ representatives and its member companies held a lecture/training “Fundamentals of Financial Literacy” for 1-3 year students of the Institute of International Relations of Taras Shevchenko National University of Kyiv.

The event’s major task was development of assets’ saving skills among students, their acquaintance with “financial safety cushion” and “investment”. In particular, such notions as budget, balancing incomes and expenses aimed at reaching surplus as well as basic investment methods as a fundament of financial independence and well-being were discussed. During the lecture the students got acquainted with the notion of pyramids on financial markets, their basic features and participation risks.

After the training the students received information and reference materials on saving and investment methods.

Number of IIR students, who took part in the event – 42.