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About the FELABAN Latin American Congress on Financial Education

9-11 October 2013, Bogota Colombia

The Latin American Congress of Financial Education is an initiative of the Latin American Banking Federation (FELABAN), which in 2013 has the support of the Association of Banks of Colombia (ASOBANCARIA). In 2013 FELABAN, ASOBANCARIA and Child and Youth Finance International have decided to join efforts to host a joint event which represents the largest regional gathering of its kind.

The objective of the CLEF 2013 is to allow stakeholders to share knowledge on public-and private partnerships and multilateral organizations approach financial education and the challenges posed by technological innovations in financial products and services to deepen financial penetration and reduce informality.

About the CYFI Regional Meeting for the Americas and the Caribbean

The first Child and Youth Finance Regional Meeting for the Americas and the Caribbean commenced on October 4 and 5, 2012, in Mexico City. The Regional Meeting was hosted by the Mexican Ministry of Education, and the Ministry of Finance and held as one of the official activities within the framework of Mexican Presidency of the G20. It brought together 132 participants from 17 countries to focus on expanding the Child and Youth Finance Movement in the region.

Meeting highlights included:

  • The documentation and sharing of best practices.
  • The formation of alliances of national and regional stakeholders.
  • Unified Support for regional cooperation.
  • Children and Youth presenting their national policy formulation recommendations.
  • Commitments by national stakeholders to take on financial issues in their respective countries.

The meeting featured interactive sessions which saw the audience and panelists debate and share their thoughts on some of the more pertinent issues within the region. These included the gaps in financial education and enterprise education, low levels of financial access for youngsters, the effect the recent financial crisis has had on youth, and the importance of designing the right policies at a time when the region seems to be at its height of readiness.

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