BANK OF ALBANIA

PRESS RELEASE
Bank of Albania and Albanian Association of Banks organizes an activity at Partizani High School

Publication date: 30.10.2012

 

For the second year in a row, the Bank of Albania has offered to high school students the elective module "Personal finance in your hands', which is one of the elective subjects designed for the high school education curriculum for the academic year 2012-13. This subject has been elected by 10 thousand high school students across Albania and it is offered by the Bank of Albania free of charge.

In the framework of the cooperation with the Bank of Albania, this year, the Albanian Association of Banks enabled the printing of 4,000 copies of the elective module 'Personal finance in your hands'. In addition, the Albanian Association of Banks will enable the high school students electing this module to take practice classes in branches of commercial banks in Tirana and in other cities across Albania.

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On this occasion, an introductory meeting was organized at the premises of Partizani High School, which is one of the high schools with the largest number of students electing this module. This meeting was attended by Ardian Fullani, Governor of the Bank of Albania, and Seyhan Pencabligil, Chairman of the Albanian Association of Banks.

In his speech, Governor Fullani highlighted the importance of financial literacy, considering it as a third pillar of the Bank of Albania, equally important as the pillar of monetary policy and safeguarding of financial stability.

Governor Fullani noted that: '... this year, in addition to trainings targeting professors, our module on personal finance is accompanied by an exercise book designed to orient and help professors teaching this module".

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In addition, the Governor commended the cooperation with the Albanian Association of Banks in the field of financial literacy.

The text of the module 'Personal finance in your hands" was formulated in 2010 by the Bank of Albania, in cooperation with the Institute of Educational Development and high school professors teaching Economics. The main objective of this project was to design a didactic textbook absorbable by the target age group and based on the Albanian financial reality. Starting in 2011, this textbook has been distributed free of charge by the Bank of Albania to all high schools in Albania.