The ABB is among the leading associations in the financial sphere supporting the start of the project “Practical Finances” together with the Ministry of Education, Financial Supervision Commission (FSC) and National Revenue Agency (NRA). The institutions and associations: ABB, Association of Bulgarian Insurers (ABI), Bulgarian Association of Licensed Investment Intermediaries (BALII), Bulgarian Association of Supplementary Pension Security Companies (BASPSC), Bulgarian Association of Consumer Lending (BACL), Bulgarian Association of Insurance Brokers (BAIB), Bulgarian Association of Asset Management Companies (BAAMC) and Bulgarian Leasing Association (BLA) signed in November a Memorandum for cooperation. By signing that document the institutions and association express their support for the necessity of common efforts for initiatives aiming to increase the financial literacy of high school students and the implementation of a school class for increasing financial literacy at Bulgarian schools.