At the annual meeting of the Financial Education Network for micro, small and medium-sized enterprises and entrepreneurs, Central Bank of Uruguay Vice President Ana Claudia de los Heros called for stronger practical financial capabilities to support informed decision making and effective financial inclusion. She said growing use of digital payments, instant transfers and investment platforms increases the need to identify risks and avoid fraud and excessive debt. Uruguay’s financial knowledge exceeds the regional average, but gaps remain in applying that knowledge and across age, education and gender groups. De los Heros highlighted the central bank’s BCUEduca financial education program, including training for businesses and entrepreneurs, and the recently created Financial Health and Culture Unit, which provides information when financial decisions are being made.
Central Bank of Uruguay highlights need for stronger practical financial skills as digital finance expands
Central Bank of Uruguay Vice President Ana Claudia de los Heros called for stronger practical financial skills as digital services expand, particularly to help users identify fraud and avoid excessive debt. She highlighted persistent demographic gaps and the central bank’s education, training and decision support initiatives.