19 March 2019, Baku: The CBA holds awareness and promo events to raise financial literacy of the population, elevate public awareness on and boost digital payments as part of the implementation of Strategic target 5 titled ‘Increasing knowledge and skills of financial market participants’ of the Strategic Roadmap on Financial Services Development approved at Decree of 6 December 2016 of President of the Republic of Azerbaijan, the ‘Strategic Roadmap on development of financial services in the Republic of Azerbaijan’, and the ‘State Program on expansion of digital payments in the Republic of Azerbaijan for 2018 - 2020’ approved by the Decree of the President of 26 September 2018. One of them is the ‘Novruz khonchasi’ event held for three years in a row. The educational promo event was held at the ‘ASAN Kommunal’ center (the 2nd floor of the Baku Railway Station).
To draw public attention to financial literacy the dedicated Bank staff distributed educational booklets titled ‘Let’s learn to create our budget’, ‘Payment cards’ etc., and detailed interested young people on the Virtual Education Platform of the Central Bank (edu.e-cbar.az).
The CBA will further hold key target groups oriented events expanding current initiatives in connection with the implementation of the Strategic Roadmaps and the State Program.