About this event
ESBG has the pleasure to invite you to its upcoming financial education event “Financial knowledge as a tool for resilience", taking place on 18 February. This virtual event will gather policy makers and stakeholders together for a brief moment to discuss the challenges an opportunities for financial education in the context of the Covid-19 pandemic.
The Covid-19 pandemic and the subsequent economic crisis has demonstrated the importance of financial knowledge. Households, SMEs and self-employed are among the hardest hit. Many of them do not have sufficient financial knowledge to handle their personal and professional finances during these extremely difficult times.
Savings and locally-focused retail banks can help. Our members offer valuable and targeted financial education to specific groups. Improving financial literacy is also necessary with the rapid development in digitalisation, as face to face banking is no longer the norm.
At EU level, financial education is on the rise; Action 7 of the Capital Markets Union aims to develop a European financial competence framework and incentives for Member States to promote financial education and responsible investing. Globally, the recently-adopted OECD Recommendation on Financial Literacy aims for a single, comprehensive, instrument on financial literacy to assist governments, other public authorities, and relevant stakeholders in their efforts to design, implement and evaluate financial literacy policies.
This online event is free of charge and will be held in English. Once you have registered, you will receive a confirmation containing the meeting link and instructions for joining the webinar.
Brussels-based associations helping their member savings and retail banks thrive, focus on providing service to local communities and boost SMEs.
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