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UCORA Participated the Forth International Conference on Financial Literacy and Financial Inclusion

On February 13, 2018 the forth international conference on financial literacy and financial inclusion was held in Moscow, Russian Federation. The title of this year’s conference was “New Opportunities and Risks for Financial Consumers.” The conference was organized by Russian Microfinance Center, National Association of Microfinance Market Stakeholders (NAMMS) and Citi Foundation. The executive director of UCORA Khoren Kerobyan participated and shared Armenian experience in financial sector during the conference.

Russian and foreign experts were invited to present the experience of their countries. The conference consisted of 6 main sessions:

  1. Practical implementation of the Strategy for increasing financial literacy in the Russian Federation in the next five years, including the interaction of the parties, the role of financial institutions, possible activities, expected results and future prospects.

  2. Behavioural economics and its impact on ethical standards and the level of social responsibility of financial market participants.

  3. Creative approaches to financial education of the adult population and the most vulnerable groups of citizens.

  4. Consumer confidence as a key factor in a successful marketing strategy in the financial market.

  5. The growing role of FinTech's tools and services in improving the financial literacy of consumers.

  6. What should be the interaction of the financial market and civil society in order to increase the financial literacy of the population?

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