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Mark your calendars for December 4 because it's time to celebrate International Day of Banks! This day was established by the United Nations in 1988 to recognize the important role that banks play in our economy and society. From savings accounts to loans, banks provide essential financial services that help individuals and businesses thrive. So on this day, let's take a moment to appreciate all the hard work and dedication of bank employees around the world. And don't forget to thank your local bank for their contributions to your community!
<div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>14th Century</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Birth of Modern Banks</div><div class='timeline-text'>Modern banking has roots in the Venice and Genoa region of Italy, with institutions offering loans and conducting currency exchanges.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1660</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>First Central Bank</div><div class='timeline-text'>Sweden establishes the Riksbank, the world's first central bank, setting a precedent for other countries.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1791</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>USA's First Bank</div><div class='timeline-text'>USA's First Bank of the United States was set up by the federal government to stabilize the new nation's economy.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1851</div></div><div class='timeline-center'></div><div the-'timeline-right'><div class='timeline-text timeline-text-title'>Credit Cards Conceptualized</div><div class='timeline-text'>Edward Bellamy's Utopian novel "Looking Backward" first introduced the concept of credit cards, a now-essential banking tool.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1950</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>First Credit Card</div><div class='timeline-text'>The Diners Club introduces its charge card, the first independent credit card company in the world, laying the groundwork for modern credit card banking systems.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1988</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>International Day of Banks</div><div class='timeline-text'>The United Nations established International Day of Banks to recognize the significant role of banks in economic development and societal prosperity.</div></div></div>
<div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>1</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Visit a local bank</h3><p id='' class='facts-text'>Take a trip to your local bank and learn more about their services and how they contribute to the community. You may also be able to participate in special events or workshops organized by the bank on this day.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>2</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Thank a banker</h3><p id='' class='facts-text'>Write a thank-you note or bring some treats to your local bank branch to show your appreciation for their hard work and dedication. It's a small gesture, but it can make a big impact.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>3</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Donate to a financial literacy program</h3><p id='' class='facts-text'>Make a donation to a financial literacy program or organization that helps educate individuals on managing money and making informed financial decisions. This is a great way to support the banking industry and give back to the community.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>4</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Learn about the history of banking</h3><p id='' class='facts-text'>Take some time to research and learn about the history of banking and how it has evolved over the years. You may be surprised by how much you can learn and appreciate the role of banks in society.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>5</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Celebrate with a financial-themed party</h3><p id='' class='facts-text'>Gather some friends and family and celebrate International Day of Banks with a financial-themed party! You can serve money-inspired snacks and drinks, play financial trivia games, and have fun conversations about the importance of banking.</p></div></div>
<div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>A</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Celebrates the world of banking</h3><p id='' class='whywelove-text'>The International Day of Banks is an opportunity to celebrate and recognize the important role that banks play in our daily lives. It's a chance to acknowledge their contributions to global economies and the financial well-being of individuals and businesses.</p></div></div><div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>B</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Raises awareness about financial literacy</h3><p id='' class='whywelove-text'>One of the main goals of the International Day of Banks is to promote financial literacy and educate people about the importance of responsible money management. This helps individuals make better financial decisions and strengthens the overall stability of the banking industry.</p></div></div><div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>C</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Fosters international cooperation</h3><p id='' class='whywelove-text'>The International Day of Banks also promotes international cooperation among banks, governments, and other stakeholders in the financial sector. It encourages dialogue and collaboration towards creating a strong and stable global banking system that supports economic growth worldwide.</p></div></div>
<div class='facts-item'><div class='facts-title'><p class='facts-number'>1. World’s Biggest Banks are from China</h3></div><p class='facts-content'>The Industrial and Commercial Bank of China and China Construction Bank are currently the world's largest banks in terms of assets held.</p></div><div class='facts-item'><div class='facts-title'><p class='facts-number'>2. Mobile Banking on the Rise</h3></div><p class='facts-content'>In the digital age, mobile banking has seen a significant increase with a prediction that by 2021 over 7 billion people will be mobile banking users.</p></div><div class='facts-item'><div class='facts-title'><p class='facts-number'>3. First Woman to Run a Major Bank</h3></div><p class='facts-content'>In 2014, Mary Callahan Erdoes became the first woman to head a major bank when she took the reins of J.P. Morgan Asset Management.</p></div><div class='facts-item'><div class='facts-title'><p class='facts-number'>4. Origin of the Word "Bank"</h3></div><p class='facts-content'>Contrary to popular beliefs, the word "Bank" originates from the Italian word "banca," which means bench, as moneylenders in the past conducted their business on benches.</p></div><div class='facts-item'><div class='facts-title'><p class='facts-number'>5. Banks Foster Economic Growth</h3></div><p class='facts-content'>Banks play a significant role in economic growth by providing financial services to people and businesses that help drive innovation, create employment, and contribute to a nation's wealth.</p></div>
The International Day of Banks is celebrated on December 4 every year. In 2024, the holiday will fall on a Wednesday.
2023
Dec 4
Monday
2024
Dec 4
Wednesday
2025
Dec 4
Thursday
2026
Dec 4
Friday
2027
Dec 4
Saturday
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