YEREVAN, September 30. /ARKA/. The Central Bank of Armenia will announce four thematic contests as part of My Financial Month campaign, Armenuhi Mkrtchyan, the head of the regulator’s division in charge of protection of customers’ interests, said Monday at the presentation of the program. The campaign aimed at enhancing of public awareness of proper management of personal resources will last one month – from October 1 to 31.
Contests will be conducted from October 1 to 18 in four formats. The first theme, Life Insurance, will be developed through a comic that doesn’t exceed three A4 pages. The author of the best comics will get 150,000 drams as prize. The winner in photo contest named Savings will get 100,000.
The winner of the contest for the best phone application designed for planning budget will get 150,000 drams.
One of the most interesting contests is for drawings and paintings on themes I and Money or Money in My Family. This contest is intended for children below 14. The organizers of the contests have not revealed the main prize in the last contests saying it will be a pleasant surprise. Mkrtchyan also said that some financial and credit organizations as well as banks have prepared their gifts and prizes.
The results of these four contests will be unveiled on November 4. More detailed information is available at www.ABCfinance.am.
The program My Financial Month consists of certain events, including those intended for children, which will give children a better idea of financial problems. The topics of this campaign’s events are various – debt and loan, deposits, insurance etc.
The program is organized by the Central Bank of Armenia, USAID Finance for Economic Development Project, the Armenian Financial Ombudsman, Armenia’s fund for protection of deposits, bureau of car insurers, the Union of Banks of Armenia, the Association of Insurance Market Participants, Mortgage Market Participants, the Union of Credit Organizations, NASDAQ OMX Armenia stock exchange as well as Germany’s KfW Bank and SBFIC. ----0----