FINANCIAL EDUCATION

EDUCATION

“Financial education should be everywhere. We need to focus on it in primary and secondary schools, and among adults and professionals.”

Wim MijsEBF CEO

“Nowadays, financial literacy is an essential skill. We need to have a lifecycle in mind concerning financial education.”

Anna Maria LusardiProfessor at GWSB; Founder and Academic Director of GFLEC

“For us it is clear that financial education can make an important contribution to a healthy economy.”

Wim MijsCEO EBF

EUROPEAN MONEY WEEK 2020: 23-27 March

We are passionate about financial education. Young people need to learn at an early stage how to manage their finances if they want to be successful in life. To promote the benefits of financial education and to raise awareness we, together with our members, organise European Money Week.

Visit our EMW page

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EUROPEAN MONEY QUIZ: Learn about money in your own language

Can you beat the European champions? You can now replay the quiz finals of 2018 and 2019 in your own language. On a dedicated page you can find all the questions in more than 21 languages, to be played by anyone, without the need of making an account. Will you become the 2020 European champion?

Visit our EMQ page

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FINANCIAL EDUCATION AT THE EBF

The EBF has been promoting financial education via various means, including several publications and initiatives on financial literacy highlighting the industry commitment to providing consumers with a more sound understanding of financial services.

The EBF is an affiliate member of the OECD International Network on Financial Education

In 2014 we published an European overview of best practices on financial education. Click here to read it

EUROPEAN PLATFORM FOR FINANCIAL EDUCATION

In February 2017, a group of nine European organisations and associations launched a new European Platform for Financial Education. The initiative aims to promote the need for financial education and to boost financial literacy in Europe, particularly among young people and entrepreneurs. It also seeks to encourage EU-level leadership in this field.

The platform’s founding partners are, in alphabetical order: Better Finance; CFA Institute; EUROCHAMBRES; European Banking Federation (EBF); European Banking & Financial Services Training Association (EBTN); European Fund and Asset Management Association (EFAMA); European Microfinance Network (EMN); Insurance Europe; and JA Europe.

The partners have agreed to pool their strengths to advance financial literacy in Europe. The platform serves to exchange ideas, information, insights and experiences, as well as to facilitate discussions on how the European Union can play a leading role in advancing financial literacy. The platform will also help the partners coordinate their involvement in European-level initiatives to develop potential synergies and to avoid duplication of work. Read more