As of today, the official website of the National Bank of Ukraine has the ‘Financial Literacy’ section.
‘Creation on the official website of the National Bank of Ukraine of a separate section devoted to financial literacy matters is a logical continuation of the nationwide educational projects that we implement’, First Deputy Governor of the National Bank of Ukraine Borys Prykhodko said.
According to Mr Prykhodko, the ‘Financial Literacy’ section is designed to provide useful information to everyone interested, in particular, on how to select a savings instrument, keep the family budget, avoid unnecessary expenses and debts, and understand the various products and services offered by financial institutions. After all, financial knowledge and skills are the basis for making efficient and prudent financial decisions to manage one’s own material wellbeing and improve the quality and standards of living of both the separate individual and the society in general.
In addition, visitors to the ‘Financial Literacy’ section will be offered educational materials, tutorials, video materials, glossary of banking terms, list of literature on the subject of financial literacy, scripts of educational events and interactive classes for people of all ages and social statuses.
The section will also feature the latest news, press releases on the events aimed at improving financial literacy among the Ukrainian population, information about upcoming events to be held by the National Bank of Ukraine and its partners in this sphere.
‘I feel confident that materials provided in the ‘Financial Literacy’ section will be useful to many users and help improve the level of their financial knowledge and also encourage the Ukrainians to make sound financial decisions’, Mr Borys Prykhodko said, adding that financially-literate people are better protected against financial risks and unforeseen situations. Today, it becomes obvious that the public pays more attention to financial matters. People of various ages show increasing interest in savings and deposit instruments and modern technologies in financial services sphere. This trend is typical not only for Ukraine but the entire world.
Proper degree of financial literacy and efficient system of protecting financial service consumers will help lower the risks and enable the public to efficiently use financial services, make rational decisions and improve own wellbeing, in particular, thanks to efficient allocation of available funds and planning their future spending.