Hungarian 'Money Week' Program Reaches 1.5 mln Students 

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Pénz7, an annual program attached to the European Money Week initiative that seeks to foster the financial savvy of Hungarian primary and secondary school students, has reached 1.5 million youth since its launch in 2015, Hungarian Banking Association chairman Radovan Jelasity said at an awards ceremony winding up the scheme's ninth year on Monday.

Pénz7 has involved 12,500 teachers and 86,000 classroom hours in 9,400 schools, Jelasity said. The focus of this year's Pénz7 was digital security, he added.

Economic Development Minister Marton Nagy and OTP Bank chairman-CEO Sándor Csányi were acknowledged as "ambassadors of financial culture" at the awards ceremony.

Nagy, who was earlier a central bank deputy governor, was recognized for his commitment to implementing Pénz7 since its rollout, and Csányi was commended for the active participation of OTP executives and staff in the program as well as the support of the OTP Fáy András Foundation for promoting financial education among Hungarian youth.

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