The introduction of the World Savings Day in Ukraine will increase the financial literacy of the population, executive director of the Independent Association of Ukrainian Banks Serhiy Mamedov told a press conference "The results of the first World Savings Day in Ukraine" voicing the text of Association’s letter to President of Ukraine Viktor Yanukovych, ForUm correspondent reports.

"According to the Independent Association of Ukrainian Banks, the introduction of the World Savings Day in Ukraine will promote the financial literacy of the population and its trust in the banking system, strengthen the protection of consumers of financial services, as well as increase funds in the banking system and expand lending opportunities of the domestic economy," the letter says.

The statement also notes that the main thing is a financial education of the young generation, which will determine the future of Ukraine.

In this regard, according to Mamedov, the Independent Association of Ukrainian Banks appeals to the President to consider a decision to hold the annual celebration of the World Savings Day in Ukraine on October 31.

It should be noted that Mamedov has signed this letter during the press conference.
ForUm

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