Published on 23-03-2017 by admin

PattiChiari, Fondazione per l’educazione finanziaria e al risparmio

L’educazione finanziaria
Learn more

European Money Week events in Italy:

Throughout the week: classroom lessons on budgeting and financial planning, behavioural finance, financial market and saving management, job and retirement, emoney

Lessons for high school students

Monday 27 March:

Milan: Young entrepreneurs looking ahead by Financial Education Foundation – FEDUF

Tuesday 28 March:

Milano: Pay 2.0 – The money of the future by Financial Education Foundation – FEDUF and Consorzio BANCOMAT®

Brescia: Young entrepreneurs looking ahead by Financial Education Foundation – FEDUF and UBI Banca

RhoPay 2.0 – The money of the future by Financial Education Foundation – FEDUF and Consorzio BANCOMAT®

Wednesday 29 March:

Rho:  Economic@lly – Planning Your Future by ANASF

Parabiago: Ready, Steady…GoJob! by INPS and Itinerari Previdenziali

Rho: Economic@lly – Planning Your Future by ANASF

Thursday 30 March:

Melegnano: IRS & School by Agenzia delle Entrate

Friday 31 March:

Rho: Young entrepreneurs looking ahead by Financial Education Foundation – FEDUF

Legnano: Financial Markets and saving management by Financial Education Foundation – FEDUF and Mediolanum


Lessons for University students

Tuesday 28 March:

Milan: Investments investment decisions and Behavioural finance by Financial Education Foundation – FEDUF and Royal Bank Of Canada Investor & Treasury Services


Initiatives organized by Financial Education Foundation

Partners involved:

  • 2 National institutions (Agenzia delle Entrate, INPS)
  • 3 banks (UBI Banca, Mediolanum, Royal Bank Of Canada Investor & Treasury Services)
  • 2 financial institutions (ANASF, Consorzio Bancomat®)
  • 1 university (Università Cattolica del Sacro Cuore)
  • More than 10 schools

Key actors in financial education and financial literacy


The Ministry of Education signed memorandums of understanding with the Bank of Italy, Fondazione per l’Educazione Finanziaria e al Risparmio (FEDUF), Agenzia delle Entrate and Guardia di Finanza in order to include economic and financial education contents in the national programme of education (curricular subjects).
A national working group about “Economics and Legality” has been set up by the Ministry of Education since june 2015 which is currently involved in writing down the guidelines for introducing financial education in schools curriculum.
Starting from july 2015 the economic competencies are recognized as core skills which have to be taught at school as for the Law 107/2015.
The Italian Government is currently discussing a proposal of law on this subject.
Public Financial Authorities such as Bank of Italy and Consob (Italian Securities and Exchange Commissio) have developed financial education programs 

Italian Banking Association & members

In 2014 the growing up commitment in financial education initiatives led Italian Banking Association to create the Fondazione per l’Educazione Finanziaria e al Risparmio (Financial Education Foundation) aimed at designing and implementing financial education programs both for children and adults, developing contents, methodology and tools.
As a result of the banking sector commitment, financial education today is no longer only referred to the context of social responsibility with one shot initiatives, but to a wider Country Project to find the way to pool and combine programs and tools developed by different players so far while respecting their own differences.
Some Italian banks have a number of their own developed financial education programs. The more wider initiatives have been implemented by Banca Nazionale del Lavoro – Gruppo BNP Paribas, Unicredit, Intesa SanPaolo

Other actors

Consumers’ Associations offer financial education programs by themselves in only a few cases, more often they are involved in initiatives developed by other organizations. Other stakeholders at national level are: Junior – Achievement Italia, AEEE, Forum Ania-Consumatori, ANASF, Osservatorio Giovani Editori, Museo del Risparmio, Global Thinking Foundation.

Example of good practice

FEDUF, founded on Italian Banking Association’s initivative, is a non-profit organisation which seeks to promote financial education and economic citizenship in Italy. FEDUF designs and implements programs and tools both for children and adults. It also promotes cooperation between private and public bodies in order to facilitate experience sharing and optimize resources. FEDUF working model has been developed in accordance with guidelines from international institutions and it is based on the strictly collaboration between institutions, public agencies and private, including Bank of Italy, Consob, Ministry of Education, Regions, Municipalities, school offices and Consumers’ Associations. The key points of the model are the easy to use knowledge sharing approach to make familiar economics topics, the extensiveness reached through the network of banks and other subjects involved, the balance of standardization and innovation, particularly as regards the format and the dissemination channels.


Financial education part of curriculum? No

PISA financial literacy ranking (OECD, 2012): 16