The Holidays of Tomorrow

International Day of Banks: A Celebration of Financial Unity Mark your calendars for December 4th, 2024, because it's time to acknowledge the cornerstones of our economy - banks! The International Day of Banks is a unique celebration that honors the vital role banks play in our daily lives. From providing loans to facilitating transactions, banks have been the backbone of our financial systems for centuries. A Brief History of Banking The concept of banking dates back to ancient civilizations, with evidence of loaning and borrowing activities in ancient Mesopotamia, Greece, and Rome. However, modern banking as we know it today emerged during the 17th century in Europe. The establishment of the Bank of England in 1694 marked the beginning of central banking, and the concept soon spread to other parts of the world. The International Day of Banks was first observed in 2019, following a resolution adopted by the United Nations General Assembly. The aim was to promote awareness...