الهيئة العامة للرقابة المالية

• The program is part of an initiative to train and certify financial trainers in collaboration with various organizations
• FRA seeks to elevate financial literacy and awareness of non-bank financial services, demonstrating their potential to enhance citizens’ conditions
• Mohamed Farid : Financial capacity building, increased awareness, and leveraging financial technology are essential for expanding access to non-bank financial services and achieving broader financial inclusion
• The graduation of a new cohort of certified financial trainers, in collaboration with the Ministry of Higher Education, underscores the Authority’s commitment to equipping young people with financial knowledge, investment skills, and insurance awareness. This initiative aims to expand career opportunities within the financial sector

FRA has successfully concluded a five-day training program for 28 university professors in collaboration with the Ministry of Higher Education. The program equipped participants with comprehensive knowledge of the non-banking financial sector, including capital markets, finance, insurance, and related products. By fostering financial literacy and awareness, the program aims to cultivate new generations capable of making informed and sound investment and financial decisions to achieve their goals. It also seeks to equip graduates with the knowledge and skills needed to pursue careers in non-bank financial sector.

This initiative complements the Authority’s broader plan to boost financial literacy by certifying financial trainers from various sectors. These trainers will serve as ambassadors promoting financial literacy and awareness.

The program aligns with FRA’s strategic partnership with the Ministry of Higher Education to boost financial inclusion, insurance, and investment through enhanced financial literacy.

The program culminated in the selection of 28 university professors as financial literacy ambassadors. These professors will deliver lectures on non-bank financial services and FRA’s role to university students, promoting financial literacy and awareness.

Dr. Mohamed Farid, FRA’s Chairman emphasized the importance of financial literacy, capacity building, and technology in expanding access to non-bank financial services. He highlighted the role of financial trainers in educating young people about finance, investment, insurance, and career opportunities within the sector.

Dr. Mohamed Abdelaziz, Assistant to FRA’s Chairman emphasized the Authority’s commitment to enhance financial literacy to drive investment, insurance, and financing inclusion. He highlighted that strengthening the non-banking financial sector is a key pillar of FRA’s strategy. He adds that FRA is actively collaborating with various stakeholders to increase public awareness of non-bank financial services, their benefits, and accessibility.