01/11/2024

The Central Bank of the Republic of Kosova (CBK), in the framework of Financial Education, through a range of activities organized to promote financial awareness among children and young people, marked the 100^th anniversary of the World Savings Day.

The activities were launched by a visit to the “Thimi Mitko” Primary School in Gjilan, where around 140 pupils attended an informative and educational session, adapted for elementary school children. The main topic was the importance of savings, creating the habit of saving and proper management of personal finances.

The CBK’s Financial Education Team informed the pupils about the value of money, the role of the Central Bank of the Republic of Kosova, functioning of the financial sector, including banks, insurance, and all financial institutions in our country. Through these explanations, important messages were conveyed to the pupils of this school about basic knowledge on personal finance, setting financial goals and the importance of early start to achieve them.

During this activity, pupils showed special interest in the topic of savings by asking questions on how to create a budget, the importance of creating healthy financial habits and on other aspects related to the role of CBK and its various products and services provided by the financial sector.

In addition, they were also engaged to different messages about savings, which they presented through works designed to illustrate the importance of savings, offering a creative and enthusiastic perspective on the concept of savings and financial education.

To support the concept of savings from an early age, the CBK distributed educational materials and savings boxes in order to inform and motivate children in creating savings habits. CBK's activities in the framework of marking the World Savings Day continued with a successful cooperation with the German Sparkassenstiftung for International Cooperation, to convey the message about financial education to other groups of young people, where at the same time activities were also carried out in RIT Kosovo (A.U.K.) and AAB College.

World Savings Day is marked by financial institutions worldwide since 1924. This date was decided at the congress held in Milan, with the aim of raising awareness and the importance of savings. CBK marks this day through various educational activities for several years in a row.