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Economy

Economy

Financial education

The latest reports and statistics show that financial education is still unfinished business in Chile. According to the consulting firm Adimark’s study on young people’s financial behavior and knowledge commissioned by Chile’s National Consumer Service , three out of every four Chilean youth who study at vocational and professional training schools (74.3%)  do not know what a financial product is.

Over the past three decades, an economic model has gained a foothold in Chile that has proven successful at a number of levels, such as enabling high GDP growth rates (yearly average of 5.3%), helping the country to significantly bridge the income gap with developed countries such as the U.S. and Germany and improving  in the living standards of the population.

summer friends millenials youth learn resource

Summer is finally here! While many of us may picture ourselves jetting off to a tropical island to do nothing but enjoy cocktails while bathing in a secluded beach…  the truth is that, unfortunately, due to a lack of money and time, some of us will have to save our dreams for later and spend the summer in the city. But, hey, it’s ok! There are thousands plans waiting for you - low-cost, even for free - and you probably didn’t know anything about them.

Summer just started and you’re already dying to get out of the unbearable heat in the city. You’d like to go rest on the beach, but you tend to procrastinate and leave things to the last minute, even more so when you travel. Not to worry, you’re still in time to find the deal you’ve been dreaming of.

BBVA Group and the Regional Government of Catalonia signed a deal to roll out a social housing project. Within the framework of the agreement, the institution will temporarily transfer tenancy rights over 1,800 housing units to the Generalitat.  The 8-year agreement also sets out a social inclusion plan to improve the personal prospects of the beneficiaries. With this social agreement, BBVA’s social housing portfolio now stands at 7,000 units in Spain.