From 16 to 20 October, the Financial Supervision Commission (FSC), in partnership with the Atanas Burov Foundation and the Ministry of Education and Science (MES), held the 21st edition of its educational programme “The Non-Banking Financial Sector in Bulgaria.” The training covered topics such as pension insurance, fintech business models, types of insurance, crypto-assets, the introduction of new European regulations – MiCA and DORA – online investment security, financial instruments on the capital market, and stock exchange trading on the BSE.
ABZ is a longstanding partner of the FSC in this proven and high-value educational initiative. As part of the programme, on 17 October 2023, Nina Kolchakova, Secretary General of the Association of Bulgarian Insurers, met with the students to present the current state and trends of the insurance market in Bulgaria and across Europe. She also introduced the specifics of insurance activity, the different types of insurance products, and the essence and benefits they bring to individual and societal well-being.
“Improving financial and insurance literacy is among ABZ’s key strategic priorities, and we develop and support a variety of initiatives in this direction. It is no coincidence that the association actively engages with you – young people – because it is you who will be entering and living in a complex world, defined by dynamic changes and increasing risks. One of the leading factors that will determine your ability to successfully ‘navigate’ life is your level of financial literacy,” emphasized Nina Kolchakova during her lecture.
Twelve senior students from across the country participated in the 21st edition of the FSC’s programme “The Non-Banking Financial Sector in Bulgaria”. The participating schools were: Atanas Burov High School of Light Industry and Entrepreneurship – Gorna Oryahovitsa, National High School of Commerce – Plovdiv, National Financial and Economic High School – Sofia, National Trade and Banking High School – Sofia, Atanas Burov Financial and Economic High School – Haskovo, Prince Simeon Turnovski School of Commerce – Stara Zagora, Dimitar Talev National Vocational High School – Gotse Delchev, Karl Marx Vocational School of Economics – Smolyan, Atanas Burov Vocational School of Economics and Management – Silistra, Elias Canetti Vocational School of Economics and Management – Ruse, Georgi S. Rakovski Secondary School – Varna, and Intellect Vocational School of Economics and Finance – Pleven.
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