World Savings Day has a long history. It has been marked in many countries since 1924. Georgia joined since 2012 with various events. The Savings Day is celebrated to promote and encourage awareness of saving, with the children and young people being the main target audience. The Georgian symbol of the day of saving is the ant named Grovia.

 

World Savings Day is celebrated in Georgia for the tenth time this year. The event is organized and initiated by the National Bank of Georgia and FinEdu, the NBG educational platform www.finedu.gov.ge.

 

The events dedicated to the 2021 Savings Day will be held remotely this year as well, in the light of world developments. FinEdu and the National Bank of Georgia are pleased to invite anyone, including school teachers, to participate in the event in the capacity of mentors. The mission of the mentors is to spread knowledge about the importance of saving. The mentors will attend the NBG’s interesting webinars, obtain full instruction and materials, and bring together 12-15 year-old students to give them a fun lesson. With the ideas gathered during the lesson, the mentors will be involved in the final competition with teams of five. A live quiz, to be held on the FinEdu Facebook page at the final stage of the competition, will have young people work as teams to answer questions.

 

The winners of the competition will be awarded by the partner commercial banks. The successful mentors will receive a deposit of GEL 500, and each member of the winning team will receive a deposit of GEL 300. A total of 5 winning teams will be announced.

 

The sponsors of the event are: Basisbank JSC, TBC Bank JSC, Credo Bank JSC, Liberty Bank JSC, Bank of Georgia JSC.

 

Please follow the link for the detailed information about the competition.  (Content is available only in Georgian)

 

The decision to establish the World Savings Day was made in 1924 at the First International Savings Bank Congress in Milan, having representatives of 29 countries in attendance. Originally called World Thrift Day, its purpose was to promote the idea of ​​keeping money in a bank instead of accumulating it at home. In 1989, the United Nations declared October 31 as World Savings Day. With the involvement of German savings banks and financial institutions, this day has been celebrated with various events in many countries for almost a hundred years now, helping raise awareness and encouraging savings.