6 hours agoBQK opens Youth Financial Education Week
Periskopi(8 years ago)
(8 years ago)The Kosovo Central Bank has opened today the International Money Week, in which there will be lectures and contests aimed at the financial education of young people and students. Kosovo Central Bank Governor Fehmi Memeti said International Money Week motto “Learn How to [...]
Kosovo Central Bank Governor Fehmi Memeti said that International Money Week motto “Learn How to Win and Save More” has the importance of managing money that brings profits and savings that lead to economic development and better prosperity for Kosovo citizens.
According to Mehmet Yava, it is divided into three stages dedicated to children, students and also the third phase is dedicated to UPP students, which through a competition called “Video for Financial Education” in order to promote financial education, reports the KP.
The <x0). The second phase is dedicated to students whose senior Central Bank representatives will hold lectures through the University of Kosovo, and students will be able to negotiate with the Central Bank's top management in terms of recent financial developments and the third phase is also dedicated to Pristina University students through a video competition for financial education where they are able to apply in this competition with the aim of promoting financial education<1>, Mehmeti said.
Mehmet also said that during 2017 The CEC has marked banking growth through electronic platforms, and the banking system had a 32. 4 per cent and the insurance sector according to the BEC governor'sruble has marked a very positive 6.9 per cent increase.
“During 2017 has marked increased bank service users through electronic platforms. If we look at the microfinance sector in the non-bank financial sector, it has begun to empower its role in supporting Kosovo's economy through microloans. In the latter case, the value of loans in this sector has marked 144 million or expressed an annual increase of 32.4 percent. The insurance sector has also scored a very positive outcome, and I have outlined it at the last conference after us for the first time has managed to have a positive financial score of 6.9m euros”, Mehmeti said.
Mehmeti said on this occasion that the pension system is successfully managing citizens' savings tools, and as long as it is managing to preserve the tools it is getting to increase its value through good management criticism.
