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The Government of the Republic of Serbia

In the service of citizens

Presentation of project “Training Bank” for seven schools in Serbia

Belgrade, 7 November 2006

Serbian Minister of Education and Sport Slobodan Vuksanovic presented today the project “Training Bank”, which allows students to gain practical experience as well as theoretical knowledge concerning banks.

Author: Fonet

Vuksanovic told a press conference held in Belgrade’s 1st Economics School that these banks have been established at six other schools in Serbia, within the framework of a new field in education – learning to be a bank officer.

According to Vuksanovic, the training bank resembles a real bank visually and functionally, with all the jobs which exist in a real bank, providing students the training and ability to work immediately after finishing their education at school.

Vuksanovic recalled that this project was initiated on November 8 in 2005, when the company Peksim, the Ministry of Education and Sport and the German organisation for technical cooperation (GTZ) signed a memorandum of cooperation.

He added that the Memorandum allows students of economics to gain practical experience, provides expert training to teaching staff through seminars and gives an opportunity to work with the most advanced equipment in school premises.

In accordance with the Memorandum, the company Peksim has donated banking software worth €100,000 to seven schools, while the GTZ has provided funds in the same amount for additional specialisation for teachers, said Vuksanovic.

The Ministry of Education and Sport, together with schools of economics in Cacak, Kragujevac, Subotica and Uzice, the school for law and administration and the 1st Economics School in Belgrade, has arranged areas equipped with computers and modern office furniture worth €100,000.

State Secretary at Serbian Ministry of Finance Vladimir Ilic said that previously students with very little work experience used to get jobs, and added that now such training and practical knowledge will reduce costs and encourage economic growth.

Head of the GTZ Belgrade office Marin Trojanov stressed that the German government, through the GTZ, will continue supporting Serbia in the area of education, and will make efforts to get the private and the public sector interested in such projects.