Skopje, 25 September 2020
The National Bank, the Macedonian Banking Association and the Security and Exchange Commission awarded the students with best results and their mentors in the European Money Quiz
The activities in the area of financial education have been and have to remain one of the priorities. This has also been confirmed during the COVID-19 crisis, which despite its character did not stop the activities to encourage higher financial literacy. This year’s edition of the European Money Quiz is a specific confirmation, since it was held through online platforms due to the pandemic. Nearly 500 students participated in the national competition, and the participants from our country were the most numerous at the grand finale, which once again confirms that the investment in financial education in the period behind gives results, especially among youngsters.
Yesterday, the National Bank and the Macedonian Banking Association (MBA) held meetings with the European champion Hristijan Andovski together with the students who achieved best results in the national competition- Edon Hambari and Antonio Jordanoski with their mentors Merita Tairi and Ilco Jordanoski, and Aleksandra Boskovska-Spasovska as a mentor of Andrej Sumanski who won the second place in the national competition but was not able to attend the event. In addition, the awards for their success were presented.
Symbolic gifts from the National Bank, the MBA and the Securities and Exchange Commission were also presented to the competitors and their mentors.
At the National Bank meeting, congratulating the students and their mentors for the achieved success, Governor Anita Angelovska Bezhoska pointed out that the central bank remains committed to achieving its strategic goal and mission to support and encourage the youngsters who want to deepen their knowledge in the area of economics and finance through education and research.
“I am pleased that with the activities in the area of financial education, initiated by the National Bank a few years ago, we managed to encourage comprehensive investments in this area, since investing in financial literacy means investing in stability and development of the financial system and the economy as a whole. The fact that for two consecutive years, our country participates in the biggest European competition in the area of financial education for youngsters and for two consecutive years, our representative is a European runner-up obliges us to make the further investments and efforts to encourage the interest in financial education and financial inclusion even larger. But, at the same time to continue and support these young people who should be one of the future drivers of the financial flows in our economy.”-said Angelovska Bezhoska.
She also expressed satisfaction that banks confirm their role as socially responsible leaders of the economic development by investing in financial education.
The president of MBA, Maja Stevkova Sterieva, among other things, emphasized that the MBA, all its members and associates will always give maximum support and encouragement to youngsters who show interest in deepening their knowledge in the area of economics and finance.
“It is a great pleasure when you have successfully implemented such a large project. The MBA invests in the education of the young people because they are our future, and we should contribute to the idea of keeping them here by enriching their knowledge and education. The more young people are educated about finance, the more successful the businesses or financial decisions they start or make in the future will be. Repeating the success at the European level once again confirms that the intensive investment in financial education of young people in the country, has already yielded tangible results both through the interest of young people to acquire knowledge in the field of finance and by raising the level of their financial literacy”.-said Stevkova Sterieva.
The participation of our country in the European Money Quiz is organized by the Macedonian Banking Association, in cooperation with the National Bank and the Securities and Exchange Commission, with the support of the Ministry of Education and Science and the Ministry of Finance.