The Ombudsman for financial services consumers support Service and Peter the Great College in St. Petersburg enter into an agreement to improve financial competence of consumers

The autonomous non-profit organization “The Ombudsman for financial services consumers support Service” (OFSC) and St. Petersburg State Budgetary Educational Institution “Petrovsky College” (Peter the Great College) have signed an agreement on cooperation in the field of improving financial competence.

The signing was attended by Irina Lukashevich, Head of the Branch No. 2 of the OFSC in St. Petersburg, and Elena Vasina, the principal of St. Petersburg Peter the Great College.

The document defines the forms and directions of cooperation between the Financial Ombudsman Service and the educational institution. First of all, the agreement is aimed at improving the financial competence of students and college staff through various activities and joint information campaigns. It is planned to organize competitions and other competitive events to help identify talented and gifted children and young people in the field of financial competence. Implementation of the agreement will help develop public youth initiatives, activities of youth, student and children’s public associations, which focus on improving financial competence of the population.

“With the development of the financial market and technology in Russia, financial competence issues are becoming more and more acute with each passing year. It is important that the younger generation should enter adulthood with the maximum amount of knowledge in the area of finance and the culture of dealing with it. The Financial Ombudsman Service has extensive practical material in the area of financial competence such as protection of rights of consumers of financial services. And the signed agreement will make it possible to successfully introduce our experience and knowledge into the educational process,” Irina Lukashevich emphasized.

St. Petersburg Peter the Great College (formerly the Technical College), was founded in 1944. The institution implements 65 basic educational programmes in 27 specialities of secondary vocational education, as well as additional professional and vocational training programmes.