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In this edition, the SBS and 76 allies joined efforts to promote financial education FE nationwide, particularly among children, youths, and their families through 1 activities. The campaign had three components: Raise awareness about the saving culture, financial products, entrepreneurship, and financial fraud; promote financial inclusion; and share evidence and good practices in financial education and inclusion. This centralised platform is a one-stop shop for information on activities, e-learning courses, and complementary resources. The platform allows users to filter activities by date, target group, city, and delivery channel. The event was graced by the head of the SBS, the Vice Minister of Women, the President of the Association of Banks, and other high-level government officials from the Ministry of Education, and the Ministry of Economy and Finance, among other speakers, as well as the allies participating in this edition. For the first time, the SBS also organised other financial inclusion conferences in Lima 2 Arequipa, Piura, and Huancayo regions in coordination with local universities, and local and decentralized authorities. The entities organised a mix of face-to-face and digital activities, such as fairs, talks, webinars, e-learnings, contests, games, videos, internal campaigns, and communication campaigns. These collective efforts directly reached children and youth, and adults. Regarding face-to-face activities, the following stood out. Second, activities with vulnerable populations such as the social programmes beneficiaries; children in poverty; rural populations in Spanish and native languages ; students and athletes with physical and intellectual disabilities; orphaned children; LGTBQ community; and migrant populations. Third, tours and lectures at the Central Bank Museum. Forth, six fairs in Lima, Huancayo, Arequipa, and Junin regions, congregating several institutions, showcased a collaborative approach to implementing FE initiatives. Regarding virtual activities, several entities have launched new FE products. The BCP Bank launched a game where people are challenged to decide based on their budget. The Bank Association launched a new e-learning course. Finally, the SBS with Banxico implemented a transnational peer-learning initiative with school students from both countries. During the GMW , the Superintendence of Banking, Insurance and Private Pension Fund SBS , as national coordinator, and partner institutions working in financial education in the country, joined efforts to promote savings and provide financial education in Peru, particularly to children, young people and their families in non-formal learning spaces, in order to motivate them to learn more about the importance of saving, understand personal finance management and promote entrepreneurship. After two years of virtual activities, meant the return of face-to-face activities. Most participating institutions carried out activities both through face-to-face main squares, farmer markets, fairs, schools and virtual digital platforms menas. The GMW has three components: 1. Throughout the Peruvian GMW, a series of events and activities were developed at the national level, carrying out open public activities and virtual activities, such as: savings fairs, videos, contests, involving young people and adults in a multitude of games and activities to motivate them to save money. The Peruvian GMW meant a joint effort of all the partner entities to reach the entire population especially those in vulnerable situations disabled, migrants, rural women and children , taking into account their cultural diversity. In this sense, activities were developed in Spanish, Quechua, Aymara countrywide. During Global Money Week in Peru, the Superintendence of Banking, Insurance, and Private Pension Fund Administrators SBS , in coordination with several institutions, joined forces to promote savings and financial education throughout the country. GMW is in line with the priority of the National Policy for Financial Inclusion to generate greater confidence in the financial system. It seeks to promote the financial education of children, youth, and their families through non-formal learning spaces that will help them learn more about the financial system so that they have confidence to interact with it in the future. This year, the GMW reached , children and youths, and almost 8 million Peruvians thought the participation of entities from all over the country, including public and private entities and NGOs. The main activities were carried out through a digital platform that hosted a virtual saving fair, academic conferences, talks and workshops. In addition, talks to educational institutions located in rural areas, training in financial education for migrant and refugee populations, women entrepreneurs and young professionals were also held. The Peruvian GMW had a synchronous cycle of 27 academic conferences, talks and workshops with national and international experts that reached 6, visitors. The academic conferences covered the following topics: Post-COVID financial system, gender gaps, evaluating financial education initiatives, financial inclusion trends, financial capabilities of micro-entrepreneurs and others. Moreover, the talks and workshops for citizens and children focused on savings, frauds, budget and others. The digital platform was used to host a fair with 56 virtual stands distributed in four pavilions. During six days, the virtual stands received 59, visits. The participants showed their financial education initiatives, providing downloadable educational material, videos, podcasts, games and online chat. The platform allowed attendees to take part in the 'Financial Rally' that consisted of visiting the stands, playing games, participating in talks and conferences while testing their knowledge. In this section, 1, people entered the rally. Additionally, many organisations, including banks and other financial institutions, shared information about the events, through video reels on topics related to GMW and savings on their closed-circuit television screens. For example, Banco de la Nacion included participants both in cities and in rural areas. Messages were disseminated through social networks, institutional portals and mailing lists. Over activities were planned. Some involved virtual tours in the Central Reserve Bank Museum, talks with people with special needs, workshops, contests, and more. GMW has helped to improve monitoring and evaluation of the initiatives in Peru. Moreover, it is visible that the platform is an initiative accessed mostly by people with previous financial education understanding who seek to deepen their knowledge and financial opportunities. It constitutes the largest initiative in the country to promote savings and financial education. This activity is in line with the main objective of the National Policy for Financial Inclusion PNIF approved in August , 'Generating greater confidence in all segments of the population in the financial system' and aims to enhance financial education for children, youth and their families through non-formal learning spaces that will serve them for their future interaction with the financial system. The Peruvian GMW was framed under three pillars: 1 financial education actions with children, young people and their families in order to create awareness about the importance of saving, responsible management of money and personal finances; 2 provide a space to disseminate evidence and promote best practices on financial education and financial inclusion among policymakers, private institutions from the financial sector and academia; 3 promote access and responsible usage of saving products by the opening of savings accounts by financial institutions. This year, the GMW involved more than , people and entities across the country. Through the platform more than experts from the academia, public authorities, practitioners participated in 37 conferences. Experts discussed current issues and research regarding financial education and financial inclusion. The virtual platform also had a dedicated channel that allocate 49 virtual stands distributed in four pavilions. In these stands, the participants of the GMW provided financial education materials, downloadable materials, videos, podcast, games and online support. During the seven days of the fair, the virtual stands had 50, visits. This section had 13, visits. Additionally, every participating organisation disseminated messages via social network, institutional portals, mailing and virtual talks. The participants also carried out different activities outside the GMW platform. The first pillar entails creating awareness and educating different groups about the value of money and savings through financial education lessons and workshop, which are given to children, youth, and adults of all ages. These visits gave students the opportunity to learn about financing from professionals. In schools, the students who had previously studied financial education, taught their fellow students, via different school projects. Furthermore, The Money and Numismatic Museum of the Central Bank organised several activities in many regions of the country, including talks and workshops at the National Museum, Universities and other institutions. Many institutions set up educational stands, theaters, magic shows, and interactive games. For example, the American Peace Corps carried out several workshops in rural schools and it helped to set up savings clubs. This event allowed the SBS to highlight what the youth preferred when it comes to financial services, savings habits and digital financial services, as well as local and international experiences to promote saving habits. The third pillar allowed financial institutions to promote the opening of formal savings accounts, focusing both on the responsible usage of traditional channels, i. The Savings and Loans Institutions organised workshops and talks at schools, to promote saving by opening a savings account. The Radio Programs of Peru broadcasted several workshops with young people in schools and saving fairs. All events and activities were shared via social media, where tips, interviews, live broadcasts, online competitions, hash tags, videos and more were uploaded. The events included visits to schools, visits to media organisations and conferences on the development of financial education. GMW was launched in the Congress of the Republic, emphasizing the importance of enhancing saving culture through financial education. During the ceremony, a student and a teacher gave a speech on how financial education helped them reach their saving goals. Multiple events were organised for all ages, including workshops, educational fairs, financial tours, interviews and media and social campaigns, all to create awareness. Libraries and the Numismatic Museum of the Central Bank also organised several activities. The SMA organised a debate between representatives of academia to debate the importance of saving at different stages of life. During the debate, the SBS presented the results of a study from on long-term saving, based on the results of surveys and focus groups. The results of this event will allow policy makers and the industry to delineate policies and strategies to better serve citizens at different stages of life. Throughout the week, several financial institutions and the National Bank held special campaigns to promote savings, by opening saving accounts for youth across the country. Financial tours were organised in different regions of the country, making it possible for students to learn about how financial institutions and regulatory agencies work, as well as learning about their rights and duties as an informed consumer of financial products and services. These tours gave them the opportunity to interact with officers of the financial institutions and ask questions regarding financial education matters. Several associations of the financial, microfinance and insurance systems, together with their partners, joined in the activities of the Week. Unfortunately, just days prior to GMW , torrential rains and floods hit several areas of Peru, including the provinces of Lima. For this reason, many of the planned activities had to be cancelled. However, despite the disaster, many financial institutions still arranged plans to carry out activities in areas not affected by the floods, in order to raise awareness about the importance of saving. Thanks to these activities, more than youth were reached! More than children and young people from schools attended the workshops and had the opportunity to learn about responsible money management and the importance of saving. The first financial tour was held in the street markets of Cusco, wherein people joined the activities. Another tour was carried out inside the Corao community, an ancient indigenous community of Cusco, which allowed for children to learn and exchange insights about financial inclusion with Corao members. For the closing event, people joined the big Financial Fair held in Tupac Amaru square. To assure that the message reached as many people as possible, the SBS involved not only children in financial workshops, but adults as well, in order to train the staff to be able to work and prepare activities about financial inclusion aimed to people of all ages. Furthermore, during Global Money Week, El Banco del Estudiante, participated by providing valuable information about savings and finances to students through various financial talks in Arequipa. The talks were motivational, focusing on savings and how to manage financial resources. Moreover, GMW consisted of workshops led by El Banco del Estudiante about the importance of savings, financial games looking at how to create a savings plan and participation in local television and radio stations to further emphasize the importance behind savings. Global Money Week is in line with the actions of the National Strategy for Financial Inclusion Peru, within the framework of the development of awareness campaigns to promote savings as a means to achieve short and long term goals, as well as a means to reducing vulnerabilities in the population. Activities in Peru not only focused on children and youth, but also took the involvement of parents and teachers into consideration when striving to develop financial capabilities at a younger age. Activities in Peru included three days of school visits and various recreational activities and celebrations, in which children and youth learnt about savings, the importance of a stable financial system and, of course, had a lot of fun. Torito, the mascot of the Superintendence Financial Education programme, took finances to the classroom and shared his best advice with children all over the country. Global Money Week was an incredibly busy week for Torito. Additionally, radio stations helped spread the message of saving and value for money to children and youth by conducting various programs. Talks on savings were organised in three primary schools and two secondary schools, reaching approximately 2, students. Students were urged to inculcate the habit of saving, a fundamental tool especially for those looking to become entrepreneurs. Additionally, a seminar-cum-workshop on Financial Education was conducted for the children and youth, in the company of the Superintendence of Bank, Insurance and Private Pension Funds SBS ; and various financial institutions. Around children and youth benefitted by this initiative. During the week, children participated in various recreational activities in their schools. Radio stations helped spread message of saving and value for money to children and youth by conducting various programs. Global Money Week celebrations were framed by the commemoration of the Consumer Protection week in Peru. Children and youth learnt about finances by playing the most popular sport in Latin America: Football. The game tested players' knowledge on financial management skills as they advance down the field and try to score. The National Congress organised a series of activities that allowed children and youth to share experiences about the financial issues that most concerned them. This activity included financial education games, workshop and hand-outs which explained the importance of the appropriate management of resources. The celebrations in Peru took place for the duration of the week. Primary and secondary students celebrated the Week in the Municipality of Arequipa and in the Capital of the country in two main events, coordinated by the Instituto de Estudios Peruanos and Banco de Credito de Peru and the Secretariry of Social Promotion and Participation of the Municipality of Arequipa. These events brought together several financial institutions, local education authorities and welcomed Dr. One of the activities was a fair, which fair was focused on giving information to children and youth on existing financial products and services. This programme allows children and youth to acquire credit for school material, food and house appliances. Meanwhile in Lima, children and youth working together with the IEP and BCP participated in a global call with other youngsters from Colombia, exchanging ideas and talking about why savings are important to accomplish their life goals. They also participated in theater plays focused on financial education and consumer protection. We use cookies to give you the best online experience. Learn more. Learn more: gestion.

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