Representatives of credit organizations of Uzbekistan, Ministry of Higher and Secondary Special Education, Ministry of Public Education, Uzbekistan Women’s Committee, Chamber of Commerce and Industry, Mahalla Foundation participated at the event.

It is known that in organization of saving affairs at the banking-financial sector, attention is paid to such factors as interest rate, taxation of income on taxes, guarantee of deposits’ safety, rights of depositors, financial literacy of population, inflation, quality of banking consultations and services

During the event, it was noted important role of saving in economy, which is main source of internal investments, required for stable level of economic growth. At the same time, the participants announced about those factors, which helps to accumulate money resources.

In particular, the participants familiarized with main moments of effective family budget, special book on family budget, consultations on running family budget book and financial services, developing deposits, targeted for various population groups.

Matthias Foss, director of department of Germany's Savings Bank Foundation for International Corporation, said that Uzbekistan created legislation on population savings in high level. He said that Uzbekistan has great potential for expanding the volume of savings and the fund wants to help several events on mobilization of family savings.

During the seminar, the participants exchanged opinion on transferring saving into investments, peculiarities of saving behavior of population, mechanism, stimulating growth of savings as resources of economy.

The participants analyzed issues of effective organization of saving affairs, increasing professional knowledge of financial institutions’ employees on modern saving products and others.

It is worth to mention that such events were held in April and May 2011 n Tashkent, Samarkand, Syrdarya, Jizzakh, Andijan, Ferghana, Namangan, Khorezm regions and Karakalpakstan Republic. Final part of seminars was held in Termez, Qarshi, Navoi, Bukhara and Tashkent cities last week.