International Day of Banks

On December 4, the international holiday Banking Day is celebrated annually, which was created in recognition of the significant contribution of a large number of banking organizations to the sustainable development program In addition, this day expresses gratitude to the banks of member states for their contribution to improving the quality and living conditions of people This holiday was established by a UN resolution that was adopted in December 2019 The Sustainable Development Program was approved back in 2015 and is designed to achieve certain important goals by the end of 2030 This project is designed for the long term and takes into account the interests of people when implementing established development programs One of the most important tasks, according to the program, is the fight against poverty, aimed at its complete elimination in all its manifestations This problem is the most important among the tasks and conditions aimed at implementing the provisions of the social, economic and environmental development program In order to achieve the goals set by the program to eliminate poverty, reduce inequalities of various types, as well as prevent drastic climate change, an integrated approach and planning of activities designed for the long term are required At the same time, the contribution of all levels, including government bodies, organizations, the banking sector, society and citizens directly, plays a very important role However, the big problem in this situation is the need to solve current problems and the lack of opportunity and funds to invest in long-term obligations due to instability and impermanence in the development of economic relations Therefore, banking organizations play a big role in solving emerging problems of this kind, providing the necessary funds both for solving short-term problems and for implementing larger-scale processes aimed at the development of the entire state The current rates of growth and development of the world economic system are currently at a fairly high level, which does not exclude their further decline and the emergence of possible problems with increasing levels of inequality and exacerbation of poverty problems Therefore, the adopted regulatory documents call on banking structures to calculate in advance possible negative consequences and take appropriate measures that will help to react most quickly when specific problems arise The crucial role of banks in carrying out activities aimed at achieving the goals of the development program became the reason for the proclamation of such a holiday as International Banking Day This allows us to express our recognition of their activities and invaluable contribution to the development of the global economic system and improving the quality of life of people