What is financial literacy?
According to the OECD’s definition, financial literacy is a combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and ultimately achieve individual financial well-being.
(OECD, 2014b; Atkinson and Messy, 2012; G20, 2012 PISA)
As part of its social responsibility, the Bank of Greece assists efforts to promote learning and education, and supports actions that enhance financial literacy, recognising its positive impact on the economy as a whole and on financial stability.
At the same time, it is actively involved in the promotion of financial literacy through a number of actions, such as organising educational lectures, developing museum-educational programmes and hosting exhibitions in its Museum, book publishing, as well as supporting similar actions of other institutions.
In particular, the Bank of Greece:
- Organises thematic/temporary exhibitions in its Museum, which are supported by relevant communication material (museum-educational programmes, educational games for mobile devices, special publications, etc.).
- Opens its Museum to primary/secondary education pupils and university students.
- Hosts educational visits by economics students and pupils from Greece and abroad.
- Organises lectures/seminars and public debates.
- Develops synergies and supports the initiatives/actions of other institutions.
- Informs the public through its publications.
The Bank of Greece has committed itself to continuously supporting actively any initiatives for the development of a national strategy, a project already underway.