Global Money Week

2017 Lebanon Global Money Week

Leading Organizations:
Ministry of Social Affairs
Higher Council for childhood

Participating Organizations:
Bank Audi, Banque Libano-Francaise, BlomBank, Fransabank, HSBC Bank Lebanon, Food and Agriculture Organization (FAO), Injaz Lebanon, LOYAC, MBC, Majmoua Association Makhzoumi Foundation VISA, College des Saints Coeurs, Ain Najm, IOF (Bassel Flaihan Institute of Finance), Sagesse, Ain El Remaneh, Antonine Sisters School, Ghazir, Armenian General Benevolent Union (AGBU), Makassed, Khaled Bin Al-Walid, Montana International College, Modern Community School, Sagesse, Jdeideh , Mont la Salle - Institut Technique, College Notre Dame De Nazareth, Achrafieh, SOS Youth, Notre Dame des Apôtres Kab Elias, Mawaheb Kosta Public School, Beirut Baptist School, Antonine College Mar Doumit, Al Hadi School, LIU (Lebanese International university), Global Steps, Ecole Saint Joseph de l'Apparition, Sahagian College, El Ghobayri Public Secondary school for girls, Zawtar El Gharbieh Public School-Nabatieh, Rawdat Al Atfal Private School-Meryata –Zgharta, My New School Private School- El Hermel-Bekaa


Bank Audi For the third year in a row and aiming to provide students with the necessary knowledge that enables them to save money, plan for their future and understand the way a bank works, Bank Audi will be hosting 11th grade students for “A Day at Bank Audi” which will take place at Bank Audi, Bab Idriss, Plaza Head Offices on 27, 28, 29, 30, 31 March & April 1st 2017 from 09:00 am to 13:00 pm. During these 6 days, approximately 500 students from 11 different schools and one NGO will be participating and attending the following presentations and activities:

09:00 - 10:00 - Welcome to the World of Banking 10:00 - 10:20 - CSR 10:20 - 10:45 - Break 10:45 - 11:15 - Career Guidance 11:15 - 11:45 - Combating Financial Crime 11:45 - 11:50 - Brain Teasers 11:50 - 12:15 - Saving Tips 12:15 - 12:40 - Bank of the Future 12:40 - 13:00 - Meet Novot 12:50 - 13:00 - Picture & Certificates Distribution

We will be following the Global Money Week theme “Learn.Save.Earn”. Bank Audi’s Corporate Social Responsibility (CSR), Training & Development, Branch Network Management, Group Retail Banking, Retail, Compliance and EPCS (e-Payment solutions and card services) teams will be joining efforts to guide future leaders towards a successful path and introduce them to the World of Banking (banks history, what they do and how they serve the society), CSR (what is Corporate Social Responsibility and why it exists), career guidance (how to choose a career to work at a place like Bank Audi), combating financial crime (anti-money laundering, combating the financing of terrorism and an overview of risks), saving tips (why and how to save) and bank of the future (new generation of banks, where the banking industry is heading, account opening, transactions, cards and e-payment solutions, products and services such as accounts, loans, and bancassurance. Finally, personalized certificates of participation will be distributed and students will have the chance to meet our newest robot and visit our Bad Idriss Branch, NOVO Branch and the e-Gallery to observe the application of what they were presented.

Injaz Lebanon: Throughout the Global Money Week 2017, INJAZ Lebanon is running two financial literacy programs in public schools in Beirut, Mount Lebanon and North Lebanon, teaching children about the value and different uses of money:

“More Than Money”, a program developed and funded by HSBC Bank for the 9th consecutive year in Lebanon. 150 school students will benefit from this program with the support of Corporate Volunteers from HSBC Bank, Lebanon and Banque Libano-Française. “Personal Economics”, a program funded by MBC with the support of corporate volunteers from Banque Libano-Francaise. The program will benefit 120 school students.

Programs summary: “More than Money” program teaches students about earning, spending, sharing, and saving money. It also helps students identify businesses they can start or jobs they can perform to earn money. The students play a game to learn money-management skills and to better understand the role and importance of money in their lives. They are also encouraged to use innovative thinking to learn money-management skills as they explore their career aspirations. The program will be delivered to Grade 7 students in 4 public schools.

“Personal Economics” is a program designed to give middle grades students a hands-on, practical introduction to personal finance, credit and debt, savings and investments and budgeting. The program aims to encourage students to appreciate their current and future role in society and the economy as consumers, employees, employers, taxpayers, investors and borrowers. The program also raises students’ aspirations and motivation about what they might achieve in the future, and encourages them to make plans for future success.

The program will be delivered to Grade 8 to 10 in 2 public schools.

Fransabank is participating for the second consecutive year to Global Money Week and we have decided to follow the same sequence as our first year. During three days of the GMW, we will host 30 students (16-17 year-old) per day over to spend a day in our headquarters in Hamra, Beirut.

The students will arrive at 8:30AM, have breakfast, then get a brief presentation on Global Money Week. Then, they will have a simplified but complete banking overview, before going to see and experience the check clearing process. The students will then be divided in groups: the boys will attend a workshop on how to knot a tie, the girls will be given advice from working moms; then, the importance of signatures will be taught to both the groups.

Following a lunch in Fransabank’s cafeteria, the teens will be given a last presentation about Fransabanks’ banking products. After meeting our Chairman HE Mr. Adnan KASSAR, the children will be divided in groups of three and visit the credit cards department, the dealing room and the coffer. An impersonation game will be conducted at the branch level where the students will be able to put in practice what they have learnt during the day.

At the end of the day the kids will be offered gifts and accompanied back to their schools. (Depending on the schedule): visit to the Data Center and special session on Youth Board Game

Makhzoumi Foundation:

This initiative aims at:

  • Introducing students at the elementary-school level to the important field of social entrepreneurship.

  • It includes holding a contest entitled “Children as Social Entrepreneurs “.

  • They would be provided with the definition and basic concepts of social entrepreneurship and motivated to take a passion they feel about a certain cause and design a business-like activity that earns money -or provides other resources-to support that cause.

  • They would be introduced to the basics of setting up a business

  • A prize distribution ceremony would be held to the winners during the Global Money Week.

Food and agriculture organization:

Given the peculiar importance of these issues for the rural youth 15-17 age, and in the framework of the current FAO programme on enabling this group to have access to decent work and appropriate technical education in agriculture, a round table will be held on March 27th and will focus on the following issues:

  • The identification of different youth categories and the particular challenges/needs of each group. This will include the identification of needs for vulnerable groups such as refugees as well as young girls;

  • Access to financial education and financial products. This will include access to financial literacy and education but also life skills as well as a session on how young people can better access financial products;

  • The role and relevance of public private partnerships in the sustainable implementation of financial youth programs;

  • The development of an informal curriculum on financial education for youth to be used among social workers, including key components that will be included.

Al Majmoua

During the GMW 2017, five Financial literacy awareness workshops will be offered to 150 youth aged 12 to 17 in 5 mohafaza of Lebanon.

Each workshop will include two different tracks:

  • For the youths aged 12 to 14, we will deliver a financial education session followed by a financial education game and the distribution of a piggy bank to each participant

  • For the youths aged 15 to 17, we will deliver a financial education session followed by a session of bank services offering that will be delivered by Fransabank

Global Steps:

Global Steps activity in North Governorate: An educational trip for around 20 students from the 7th Grade Class from "Rawdat Al Atfal Private School" in Meryata- Zgharata to Fransabank with the distribution of presents (Money Safe) for the students.

Global Steps activity in Nabatieh Governorate: An educational trip will be done for around 23 students from the 1st and 2nd Grade of "Zawtar El Gharbieh Public School" to one of the banks in Nabatieh with distribution of presents (Money Safe) for students.

Global Steps activity in Bekaa Governorate: An educational trip for around 10 students from the 7th Grade Class of "My New School Private School" in to Fransabank with the distribution of presents (Money Safe) for the students.

LOYAC Lebanon:

LOYAC will be organizing a set of workshops to its members and the Lebanese international university during which both beneficiaries will be attending:

  1. A session on Financial Intelligence given by Visa at LOYAC’s office on March 28
  2. A session on Banking for non Bankers (Debit and Credit Cards) by BLOM Bank at BLOM Bank on March 30
  3. A workshop titled “entrance to the ministry of Finance” delivered by Bassil Fleihan Institute of Finance at their premises on March 31

Blom Bank:

Throughout the Global Money Week 2017, and as part of its Corporate Social Responsibility program named “BLOM Shabeb”, BLOM BANK is inviting children and youth from different schools and universities to its headquarters in Beirut to provide them with the required tools that promote financial knowledge, from personal expenses to short and long term plans.

BLOM BANK is aware of the fact that understanding financial products and their concepts will help the youth become more aware of the risks and the opportunities in the said field, thus the bank believes that helping them make confident and well-informed decisions will ensure their monetary well-being in the future. During the GMW 2017, BLOM BANK will be offering the children, youth and adults financial literacy awareness sessions as per the following schedule.

Thursday, 30th of March 2017

BLOM BANK is partnering with LOYAC Lebanon, an NGO that focuses on the development of the youth, to provide 30 university students from different majors, aged between 18 and 28 years old, with an interactive “Introduction to Banking” session on Thursday, March 30, 2017 from 4:00 PM till 6:00 PM at the bank’s training center. The session will tackle the following points: - Banking history and evolution - Role of Central Banks in a nutshell - What are the types of banks (Commercial Banks, Private Banks and Islamic Banks)? - What do commercial banks do? - Who are the eligible customers? - What are the legal forms of accounts (personal account, joint account, collective account)? - What banking products and services can I use? If I have money/If I need money - What are the latest banking technologies? - Open discussion.

Saturday, 1st of April 2017

BLOM BANK will be hosting its employees’ children aged between 11 and 14 years old for an Open Day at its headquarters in Verdun from 8:00 AM to 1:00 PM. The day will include a breakfast and three different learning sessions: - The first session will provide the children with an overview of the Global Money Week’s missions, followed by a banking landscape that focuses on the banks’ history and their main operations. It will feature interactive videos and practical cases. - The second session consists of a group visit to the bank’s main branch where the children will have the opportunity to explore the branch’s counters, shadow the employees serving the customers, discover the ATM machine’s functionality and visit the bank’s safe room. - The third session will accentuate the saving and budgeting aspect and will teach the children their social and economic rights, the different sources of income, the money management techniques and the forms of savings for their future life and career, all through interactive questions, tips and games. At the end of the day, children will receive a certificate of participation in the Global Money Week activities.


2016 Lebanon Global Money Week

Leading Organizations:
Higher Council for Childhood Ministry of Social Affairs Central Bank of Lebanon
Participating Organizations:
Bank Audi Fransa Bank Teach a child association Azm & Saade School Sahagian School Sagesse School - Ain El Remaneh Lycée Nahr Ibrahim School Makassed Schools (4) Sagesse School – Jdeideh Saints Coeurs - Ain Najm
Date of the event:
14th - 21th of March

Total number of children & youth engaged: 833

Bank Audi participated in Global Money Week for a second year and continued to strive to promote financial literacy and raise awareness amongst young people about financial planning and management, savings, and social inclusion. During GMW Bank Audi hosted high-school students for “A Day at Bank Audi”, which took place at Bank Audi Head Offices on 14, 15, 16, 17, and 18 March. During these five days, young people and students attended presentations and activities around topics relating to the bank's delivery channels, plastic money & e-payment solutions, and products & services. The students learned about accounts, services, loans, and bank insurance – all with a focus on the importance of savings.

The first year that Fransa Bank participated in Global Money Week the bank invited young people that are in close contact with the ‘Teach a Child Association’ to visit the headquartes in Hamra, Beirut. During their visit the Secretary General of the Ministry of Social Affairs’ Higher Council for Childhood gave a presentation on Global Money Week. They received a presentation and tour to show them how the bank and its products operate, before carrying out a role-play game at branch level.


2015 Lebanon Global Money Week

Participants:
The Ministry of Social Affairs and the Higher Council for Childhood Central Bank of Lebanon Lebanese American University Audi Bank Outreach and Leadership Academy (OLA) Hariri Foundation for Sustainable Human Development Beirut Evangelical School, Saints Coeurs Ain Najm, Al Makassed Ali Ben Abi Taleb College, Al Makassed Khaled Ben Al Waleed College, Dhour Chweir Public High School, and Ghobeiry Public High School.
Date of the event:
9th - 17th of March
Number of children reached:
290

On the occasion of the Global Money Week, a series of lectures/presentations by Lebanese Central Bank specialists took place on Monday March 16th, 2015 in the newly inaugurated Outreach and Leadership Academy (OLA) – an amazing center in the midst of Saida’s old souks run in partnership between the Outreach and Civic Engagement Department at LAU and the Hariri Foundation for Sustainable Human Development.

The event was organized by the Outreach and Civic Engagement Department at LAU in collaboration with the Hariri Foundation for Sustainable Human Development and the Central Bank of Lebanon where executives from the Central Bank led a financial education session that emphasized the importance of financial inclusion and erasing financial illiteracy.

In addition, the Member of the Lebanese Parliament started the event by addressing the audience with a word of welcome in Saida and OLA. LAU students from different majors and regions of Lebanon attended the presentations along with high school students from the region of Saida.

The session included presentations that aimed at helping students prepare better saving strategies. It also covered topics that helped students to learn about the different alternatives they can pursue to open successful ventures. Attendees were encouraged to develop their creative entrepreneurial ideas into successful projects. During the session, a finance specialist from Banque Du Liban, introduced the students to the various loans issued by the Central Bank. The students were invited to explore the role of the Central Bank and the importance of financial education at a young age.

The session ended with young graduates who started their own businesses, sharing their success stories with the students for inspiration.

As part of the Global Money Week international “Save today. Safe tomorrow!” initiative, and in alignment with its Economic Development and Human Development pillar which comes within its Financial Literacy Program for Youth, Bank Audi was the first Lebanese private bank to organise an initiative targeting high-school students, “A Day at Bank Audi” which took place from March 10 till 13.

Students from different and diverse schools in Lebanon were hosted by Bank Audi purposefully selected to include the diversity of Lebanon. The students attended presentations delivered by Bank Audi employees on basic banking concepts, e-payment solutions and card services, and compliance. They also visited the Bank’s Bab Idriss Corporate Branch, as well as its e-Gallery and e-Branch.

This initiative aimed at enhancing financial literacy through communicating with specific stakeholders, and raising awareness among future customers on financial planning and management, savings, and social inclusion. All participating students were granted certificates of participation. Bank Audi’s Corporate Social Responsibility (CSR), Retail, Compliance and EPCS (e-Payment solutions and Card Services) teams joined forces to guide future leaders towards a successful path.

 

2014 Lebanon Global Money Week

Participants:
The Ministry of Social Affairs and the Higher Council for Childhood Central Bank of Lebanon and the Ministry of Education Egyptian Financial Supervisory Authority
Date of the event:
17th of March
Number of children reached:
120

The Ministry of Social Affairs has ensured that raising the financial awareness of Lenanon’s children and youth is high-lighted on this year’s agenda. The multi-disciplinary Higher Council for Childhood, of which the Ministry of Social Affairs presides, partnered with the Central Bank of Lebanon to organize interesting and entertaining activities for Global Money Week 2014. Children from 4 different schools visited the Central Bank on the 17th March were they were treated to an extensive tour of the National Monetary Museum. During this visit they were taught how money is printed and they watched a documentary on the history of the central bank.

At the initiative of the Central Bank of Lebanon, Training and Development Institute, with the partnership of the Higher Council for Childhood at the Ministry of Social Affairs, the Ministry of Education and the Ministry of Finance, 91 children took part in a local competition at KidzMondo where the age range of the participating children was between 15 and 16 years, from 4 high schools, 2 public and 2 private schools.

The competition of KidzMondo consisted of handling a budget throughout the day by spending and making money in income-generating activities, including banking, hospitalization, education, media, social services, etc. At the end of the day, the winning child having gained the largest amount of money was selected, having proved his competency in managing his financial budget.

Learn more:

www.kidzmondo.com

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