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Citibank Hungary Continues the School Charity Program with a Donation of $100,000
December 16th, 2003
 
Citibank Rt., a member of Citigroup, today announced the continuation of the Citibank School Charity Program launched in 2001 in partnership with Junior Achievement Hungary. The Citigroup Foundation has given a $100,000 donation, which will provide teaching materials to more than 15,000 students in 29 elementary schools across Hungary.

The aim of the program is to provide schools with modern, technology-based curriculum resources and innovative teaching strategies, which will increase students' knowledge, skills and performance in economics, mathematics, finance and English.

Zdenek Turek, Citigroup Country Officer for Citibank Rt., said, "The program launched in 2001 has been extremely well received by the participating schools and has already gained an outstanding reputation for excellence in the last two years. Encouraged by this success, we have decided to continue with the program. We believe that the earlier students start learning the basics of economics and finance - naturally, through interesting, interactive-type simulation games and exercises appropriate for their age - the easier it will be for them to meet the requirements and challenges of the modern age."

The teaching package contains economics, finance, mathematics and English language teaching software to be used on the state-of-the-art, large-screen computer, which is also part of the package. In addition, high-profile economics and science books are being donated to the school libraries. Educational software in economics and finance for grades five to eight has been prepared by Junior Achievement on the basis of its printed teaching materials developed in the US and adapted to the specific interests of Hungarian students.

Ivan Javorszky, Managing Director of JAM, said: "We are delighted that with Citibank's help we can continue to expand this successful program. It has been great to see the joy on the students' faces - though at the time most of them did not know that what they had just received was far more than a one-off gift, but rather an opportunity to acquire knowledge and an attitude that will help ensure their success in later life."

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