Politis

Central Bank Initiatives to Enhance Financial Literacy

Published January 19, 2026, 05:18
Central Bank Initiatives to Enhance Financial Literacy

The Central Bank of Cyprus, through its Governor Christodoulos Patsalidis and as President of KEFAP, emphasizes the importance of financial literacy for the well-being of citizens. In an article titled “The Financial Education of Citizens as a Foundation for Prosperity,” he analyzes the role that the Central Bank is called upon to play at both national and European level to enhance financial literacy. The article highlights the need for citizens to have a better understanding of financial concepts so that they can make sound decisions about their finances.