The National Bank of Georgia announced that it has signed a cooperation memorandum with Peiv Bank Georgia to improve financial education in Georgia and support related educational initiatives. The agreement is based on the core principles of the central bank's national financial education strategy and provides for financial education projects and activities. In outlining the rationale for the partnership, the National Bank of Georgia described financial education as one of its priorities and said cooperation with the private sector should help extend programmes to a wider audience and support more responsible financial behaviour. Peiv Bank Georgia linked the initiative to the rapid development of digital finance and said the joint effort can help prepare younger people to make informed financial decisions.