Launch of the educational competition “Stock Market Learning Competition Game” to advance financial literacy in Kosovo through participation in the Stuttgart Virtual Stock Exchange

The Central Bank of the Republic of Kosovo (CBK), in cooperation with the German Sparkassenstiftung for International Cooperation and the Kosovo Banking Association (KBA), has officially launched the “Stock Market Learning Competition Game,” an important regional educational initiative aimed at equipping students and young professionals with practical and in-depth knowledge about capital markets.

The event brought together representatives from the CBK, the German Sparkassenstiftung, and the KBA, as well as students from eight different faculties and young banking employees in Kosovo. Present at the virtual ceremony to mark the beginning of this project were Mr. Ahmet Ismaili, Governor of the CBK, Mr. Niclaus Bergmann, General Director of the Sparkassenstiftung, Ms. Katharina Middel, Project Manager with her team, and Mr. Petrit Balija, Chief Executive Officer of the Kosovo Banking Association.

Governor Ismaili emphasized that the launch of the “Stock Market Learning Competition Game” represents an important step toward promoting financial literacy and strengthening the financial education ecosystem in Kosovo. He noted that this initiative is fully aligned with the Strategic Plan of the CBK, which aims to promote financial literacy, improve access to finance, foster financial inclusion, and encourage best practices in the financial sector.

He highlighted the Central Bank’s continued commitment to advancing financial literacy through various programs, including awards for young economists and financial journalism, as well as cooperation with universities and high schools across the country. The Governor of the CBK also underlined the importance of combining financial literacy with digital skills in today’s rapidly changing financial landscape. Technologies such as fintech, blockchain, and artificial intelligence are transforming the way financial services are offered and used. Understanding finance alongside these digital tools helps young people better manage risks, identify innovative opportunities, and contribute to building a modern and inclusive financial system.

In his remarks, the Governor noted that the CBK continues to promote transparency and consumer empowerment through initiatives such as the Financial Products and Services Comparison Platform, which enables citizens to make informed decisions based on clear and accessible data.

Speaking about the development of the financial sector, Governor Ismaili also emphasized that alongside the development of the Republic of Kosovo’s securities market, the country is still in the early stages of developing capital markets, with a concept document already approved in line with European Union regulations and international best practices. He stressed that the development of capital markets at the regional level, integrated with the unified EU market, should form a strategic orientation for the countries of the region.

The importance of international cooperation in achieving these goals was also highlighted, with this partnership serving as an excellent example of how best international practices can be successfully adapted to the local context, creating real opportunities for learning and professional development. Through this initiative, students and young bankers will gain practical experience, develop analytical skills, and deepen their understanding of market dynamics.

The “Stock Market Learning Competition Game” will conclude with an award ceremony recognizing the three most successful teams for their knowledge, analytical skills, and commitment

to excellence. These awards aim to motivate participants to continue their professional development and contribute to building a more dynamic and resilient financial system.

Both institutions remain committed to developing sustainable and long-term initiatives that support Kosovo’s financial literacy ecosystem and provide young people with practical opportunities in finance and capital markets.

In conclusion, while wishing all participants success, Governor Ismaili thanked all organizers, partners, and participants for their dedication and cooperation, reaffirming the CBK’s commitment to promoting financial literacy, inclusion, and transparency, as well as to building the foundations of a sustainable financial culture in Kosovo.