On May 6-7, 2019, within the framework of CBA “Month of My Finance” program, YSU Ijevan Branch hosted two-day training on “Finances for All”, conducted by YSU Ijevan Branch graduate, CBA trainer Sona Ghevondyan.
The training aimed to provide information on various financial concepts.
It was mentioned that the Central Bank of Armenia jointly with other financial institutions takes steps to raise the level of financial literacy of the people. This year,” the Month of My Finance” program, which has already become a tradition, has been implemented on 7 topics: key economic indicators, budget management, savings, debt, purchases, protection of rights and fraud, fraud protection. All this is done through various events, economic games, interactive competitions, tours. This educational program in the financial sector is continuous.
The trainer mentioned that the National Strategy for Financial Education has been functioning since 2014. The implemented activities are aimed at changing knowledge, attitudes and behaviors. According to Armenuhi Mkrtchyan, Director of CBA Consumer Protection and Financial Education Center, the most difficult component is changing the attitudes and behaviors. Knowledge is not enough to make people change their behavior. “Our task is that when making decisions, a person will be aware that if the interest rates on a bank are high, one should not take or apply to another organization.”
After two-day training, the participants received Certificates from the Central Bank of Armenia.
All photos are available in the gallery.
