OREANDA-NEWS. April 16, 2012. Nowadays many talk about an increase in the population's financial literacy, since the level of financial culture directly impacts the economic stability of the state and financial safety of citizens themselves, reported the press-centre of KASE.

Therefore the economically active part of the population needs to possess a certain amount of knowledge to be able to take the right decisions regarding financial issues. One of key reasons influencing the level of population's financial literacy is the availability of affordable and independent data sources with regard to finance-related subjects.

That's why ATFBank launches a new social project called "Financial Education", and on March 29, 2012 the bank held the first seminar on financial literacy with subject "Providing loans: key moments". The bank's managers supervising the retail sector and credit risks have told to seminar participants which criteria for client analysis there are, how a loan is serviced, and what measures can be taken on the part of the Bank.

All those who want to improve their knowledge about finance and receive answers from the Bank straight from the horse's mouth, could visit that event, having registered themselves beforehand in the Bank's offices.

At seminars the Bank does not advertise its products and services; this initiative is only aimed at increasing knowledge of Kazakhstan's people with regard to finance and banking, showing how the Bank operates from inside and  which motives are behind particular decisions of the financial institution towards its clients.

Such seminars will be held on a regular basis absolutely free of charge; anyone can visit the seminar, having registered beforehand. The date and subject of the next seminar will be announced later; please follow news at website www.atfbank.kz