The digitisation and the world so interconnected in which live have done that many aspects linked to the personal finances have changed deeply. Is enough with remember how the families managed its budgets when the cash was the only means of payment and the more common management method was that one of the envelopes.
Although currently foundations of the financial management are still the same, the applications, platforms and solutions digital have transformed our relationship with the finances. This has originated that, for the banking sector, promote the financial responsibilities and the digital abilities of the town is a priority of prime importance.
The digitisation allows the banking organisations improve the people' financial education, but, in turn, also poses new challenges. Between these emphasises the overwhelming excess of onlineavailable financial information, the proliferation of gurus without impulsive credentials and behaviours or reckless derived from the immediacy with which nowadays is possible to carry out payments, invest or buy. To it is added the challenge that supposes a cyberdelinquency in the ascendant and the impact that has the digital gap, especially between the older people, which they increase the need of promote training projects as they guarantee this group's financial inclusion.
When dealing with these new determining factors, the banking sector is replying in a decided and ambitious way. In 2018, from CECA and its foundation Funcas, implemented the programme Funcas Educates to finance financial and digital education projects that develop our associated companies and that they complement the initiatives that these develop on a self-employed basis. Thus, summing efforts, the sector CECA is positioned today as one of the largest investors in financial and digital education of our country, having destined in the last five years nearly 18 million euros to these educational initiatives.
The commitment of the banking sector with the financial and digital training of the town is a fundamental pillar to reach a full financial inclusion as an anteroom of the social inclusion. In a country where 35% of the company permits lack basic financial knowledge, the access to quality training tools results essential to build a more equitable and prosperous company. Because an informed good citizen is a free citizen and a financially educated company is stronger and united.
