Sustainability Pages

Financial education

Education and spread of financial culture 

It is very important for the bank to provide its customers with what CIB terms as “real opportunities”, i.e. genuine opportunities rooted in the real economy, that will have a profound impact on their businesses over the long term, as this will encourage them to take responsible, carefully considered financial decisions in full knowledge of the possible outcomes and the risks involved. By recognising the responsibility in shaping the financial awareness of our environment, the bank is actively involved in programmes that focus on improving financial literacy.

Financial education and familiarisation with matters financial cannot be started early enough and schools have a decisive role to play in this. The bank helps them in this objective by participating in number of programmes that focus on developing the financial awareness of primary and secondary school students.

• From the very beginning, the bank has participated every year in the Pénz7 series of programmes launched by the Hungarian Banking Association with the professional support of the Money Compass Foundation, joining the European Money Week. In this programme, our colleagues regularly give financial education lessons as volunteers.

• In 2017, the bank joined the "Art of Saving" initiative launched by our parent bank, Intesa Sanpaolo, as a financial education programme linked to World Savings Day on 31 October. Since the beginning, our colleagues have been holding financial education classes in schools, which we replaced with online short films during the pandemic. In addition to this, we consider it important to spread financial awareness to the wider community, and we regularly launch financial education campaigns through the Bank's communication channels.

• In 2022 we also joined our parent bank's latest initiative, the S.A.V.E Ambassador programme, a special initiative. It is an opportunity for high school students to learn about the circular economy, sustainability and social inclusion.

• In 2022, the Bank became a sponsor of the Become a Junior Financial Achiever! national financial awareness competition, open to teams from technical and vocational schools. The organisers have designed the programme specifically for educational purposes and want students to gain practical knowledge in a playful way. They are specifically targeting a larger number of students from less privileged backgrounds. The competition is based on educational material for students in technical and vocational schools, compiled and supervised by experts, and based on real-life situations, which provide guidance in everyday financial matters

Downloadable material