The International Day of Banks, observed annually on December 4th, was established by the United Nations General Assembly in 2019. This day recognizes the significant role of banks in supporting sustainable development and contributing to the improvement of living standards globally. It also highlights the importance of international and regional banks in financing essential projects and fostering partnerships to achieve the United Nations Sustainable Development Goals (SDGs).
Banks play a critical role in maintaining economic stability, facilitating financial inclusion, and funding projects that contribute to sustainable growth. The day honors both public and private banking institutions for their contributions.
This day emphasizes the importance of collaboration between nations and financial institutions to address global challenges such as poverty, inequality, and climate change.