Network for the Promotion of Financial Literacy

Network for the Promotion of Financial Literacy

The Intesa Sanpaolo Group’s FLITIN – Financial Literacy International Network is promoting the initiative S.A.V.E. Ambassadors International Edition, the first joint initiative for young people from secondary schools (ages 16-18) in Albania, Bosnia and Herzegovina, Croatia, Egypt, Hungary, Moldova, Romania and Serbia that are interested in actively involving their students in the development of an approach to life consistent with the objectives of economic and environmental sustainability.

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The initiative, based on the contents of the S.A.V.E. Virtual Tour of the Savings Museum (www.savetour.it), aims to bring young people closer to the themes of sustainability, circular economy, social inclusion and financial education.

After an introductory lesson given by FLITIN tutors, the classes involved in each country were asked to map the unresolved problems in their city in environmental and social terms and to propose solutions. The activity involved interaction with the local administration, associations and businesses in the area, and, where possible, discussion with citizens. This activity resulted in the production of a project work in which the students from each school presented the findings of their research and the proposals they made to the mayor or local institutions to solve at least one of the problems identified.

In S.A.V.E. the initiative implemented in Bosnia and Herzegovina by Intesa Sanpaolo Banka, a member of the Intesa Sanpaolo Group, was attended by high school classes from couple of cities throughout Bosnia and Herzegovina, who as S.A.V.E. the ambassadors presented the social and ecological problems of their cities in a very creative way. In their presentations, they highlighted various problems related to the environment and the local community. The winning team from Bosnia and Herzegovina comes from the Livno Grammar School in Livno, and it is about the 3B class of this school. The topic they devoted themselves to and won for BiH, and got the opportunity to participate and compete with other peers from other countries was: “Municipal waste disposal in the city of Livno”

The eight best entries, one for each country, will be judged during an online event scheduled for 3 pm on 31 January by a jury presided over by Intesa Sanpaolo Chairman Gian Maria Gros-Pietro and comprising Marco Elio Rottigni, Chief International Subsidiary Banks Division Intesa Sanpaolo, Luisa Ferreira, Head of Social Program EIB Institute and Giovanna Paladino, Director and Curator of the Savings Museum. The event will conclude with an award ceremony for the top three: the winner will receive a gift of a forest of 30 trees planted for the occasion in a developing country, which can be geolocated and monitored thanks to a special app. The groups placing second and third will be rewarded with the adoption of 20 polar bears and 10 endangered sea turtles in cooperation with WWF.

“The idea of the competition is to promote awareness of issues of great relevance for the future of the new generations from eight culturally and economically diverse countries. The initiative promoted by FLITIN aims to help teenagers understand the complexity of environmental sustainability choices, in light of their economic implications and the potential for inclusion and reduction of inequalities they entail,” commented Giovanna Paladino, Director and Curator of the Savings Museum.

FLITIN (Financial Literacy International Network) is a network of ambassadors of the Intesa Sanpaolo Group whose aim is to spread financial education in Italy and in the various countries where the International Subsidiary Banks Division is present: Albania, Bosnia and Herzegovina, Croatia, Egypt, Czech Republic, Hungary, Moldova, Romania, Serbia, Slovakia, Slovenia and Ukraine. An international network that aims to share knowledge, skills, methodologies, tools, resources and experiences in the field of financial education, with a single overarching objective: to increase the level of financial economic literacy of citizens, with high quality standards and according to OECD guidelines.

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