147 GRI Index and Assurance statement Engaged citizen Fair partner Responsible banker Human Capacity Report Sustainability management Overview Foreword Since 2010, Raiffeisen Bank S.A. in Romania has carried out various age-appropriate financial education programs as an optional subject within the framework of corporate volunteering and in cooperation with Junior Achievement Romania such as: - For 6 to 7 year-olds (pre-school): “Noi Insine” (“We ourselves”) - For 7 to 8 year-olds (1st grade): “Familia Mea” (“My family”) - For 8 to 9 year-olds (2nd grade): “Comunitatea Mea” (“My community”) - For 9 to 10 year-olds (3rd grade): “Orasul nostru” (“Our city”) - For 10 to 11 year-olds (4th grade): “Proiectul nostru economic” (“Our business project”) - For 15 to 18 year-olds (9th to 12th grade): “ABCdar Bancar” (“The ABC of Banking”) These programs on financial education aim at meeting the need to provide financial education early on in order to teach basic financial concepts to children at this stage of development. It also helps them learn to plan and save, for example, while developing the skills that are essential for developing a responsible and financially independent individual. Between 2010 and 2016, more than 21,000 students registered for this program. In 2016, the educational group succeeded in having the entire primary school level included. In addition, Raiffeisen Bank S.A. promotes corporate volunteering with this project: More than 60 employees assisted classes and shared their knowledge with students in 2016. A separate set of materials has been assembled for each of these financial education programs, and these materials are continuously being updated. This includes a guide for teachers, workbooks for the students and other teaching materials. For the primary school programs, Raiffeisen Bank S.A. supplemented the standard literature with some helpful self-learning activities. Eastern Europe (EE) Belarus established a regional financial education competition many years ago, called the Financial Olympics. This annual competition offers high school pupils the opportunity to test their knowledge. In 2016, Priorbank JSC supported the Financial Olympics not only with prizes for the winners but also by holding classes, including a master class. Above and beyond that, Priorbank JSC created a Facebook campaign for financial education. Through a series of informational graphics, it explained how to use customer bank cards (debit cards, credit cards), insurance programs as well as information about online © Priorbank JSC banking and private loans. Top managers were also available to offer suggestions for financial questions or problems. The postings reached about 4,000 Facebook users. Twice a year, voluntary employees of Priorbank JSC are available to offer a financial education course at schools; in 2016, it was represented at 64 different high schools. In addition, Priorbank JSC again supported ‘FinTech Hackathons’ in 2016 as part of a partnership. A FinTech Hackathon is about developing an innovative idea (e.g. an app or software) and implementing it within a short period of time. Top managers at the bank work as mentors and help the teams develop the projects. They organize master classes for this, in which they share their experience. The hackathons help develop financial technology knowledge and an understanding of basic financial topics. Priorbank JSC awarded the winner of the event with a trip to an international hackathon. Employees at Raiffeisen Bank Aval JSC in Ukraine offered school children a free financial education course with the motto “Smart Financial Means for Young Adults”. The lectures usually take place at the financial academy “FARBA”. The course was held nine times in 2016, with almost 200 young people between the ages of 13 and 18 years taking part.
ebook_RBI_NHBericht2016_EN
To see the actual publication please follow the link above