4 December: International Day of Banks. Waiting for Safe ePayDay

 🌍 4 December: International Day of Banks. Waiting for Safe ePayDay 🎉🌐

On 19 December 2019, the UN General Assembly made a momentous decision, adopting resolution 74/245 to designate 4 December as the International Day of Banks.

This recognition stems from acknowledging the substantial potential of multilateral development banks and other international financial institutions in fuelling sustainable development, providing expertise, and highlighting the indispensable role of banking systems in UN Member States in enhancing the standard of living.

 

Purpose of the Day: The purpose of the International Day of Banks is twofold.

Firstly, it recognizes the considerable potential of multilateral and international development banks in financing sustainable development.

Secondly, it underscores the vital role played by the banking systems in UN Member States in contributing to the ongoing improvement of the standard of living.

🌐 Embarking on a Financial Wellbeing Journey! 🚀

As I delve into the realm of #FinancialWellbeing, a decision has taken root in my mind. 🌱

In the spirit of fostering financial consciousness and championing secure electronic transactions, I've chosen to temporarily bid adieu to the delightful indulgence of Vada Pav. 🍔✨

 

🤔 Why this shift, you ask? It's a conscious step, a personal commitment until the arrival of the much-anticipated #SafeePayDay — a day dedicated to celebrating secure ePayments.

Join me on this journey as we explore the landscape of financial wellness and await the positive transformations a Safe ePayDay promises to bring! 💳🌈 #FinancialWellnessJourney #SafeePayDayJourney

 

The Principles for Responsible Banking: Enter the Principles for Responsible Banking, a groundbreaking framework providing the blueprint for a sustainable banking system.

These principles ensure that the industry makes a positive contribution to society by embedding sustainability at strategic, portfolio, and transactional levels across all business areas.

In just a year since its launch, the signatories to these principles have grown from 130 to over 190 banks, representing a significant portion of the global banking industry and impacting around 1.6 billion customers worldwide.

 

First International Banks Day: The UN General Assembly made history by marking December 4th as the first International Banking Day in 2020.

This celebration emphasizes the importance of multilateral and international development banks in funding sustainable development.

Simultaneously, it recognizes the integral role played by the banking systems of member countries in uplifting living standards.

 

International Day of Banks Celebration: Annually commemorated on December 4, the International Day of Banks acknowledges the pivotal role of banks in providing crucial information for financial security.

Beyond the conventional role of financial support, banks globally serve their communities in diverse ways. The day draws attention to the role of international development banks in supporting sustainable development, aligning with the goals of the international community. Banks play a crucial role in financing the sustainable development of member nations and providing information to achieve these goals.

 

Related Observances:

- International Day of Family Remittances

- Micro-, Small and Medium-sized Enterprises Day

- International Day of Cooperatives

- International Day for South-South Cooperation

- International Day for the Eradication of Poverty

- World Development Information Day

 

Why Mark International Days? International days are crucial occasions to educate the public on global issues, mobilize political will and resources, and celebrate the achievements of humanity.

While the existence of international days predates the establishment of the United Nations, the UN has embraced them as powerful advocacy tools.

Other UN observances are also marked to reinforce global goals.

 

ePayments Channels: In India/Bharat, various ePayment channels like RTGS/NEFT/IMPS and, of course, UPI play a significant role.

Similarly, worldwide, there are numerous ePayment channels such as SWIFT, contributing to the global financial landscape.

 

🚀 A Dedicated Safe ePayDay:

Imagine a dedicated Safe ePayDay showcasing the myriad ePayment channels!

Such an event would not only be wonderful but also serve as a powerful platform to promote secure and efficient electronic transactions globally.

Let's look forward to a future where Safe ePayDay becomes a global celebration of the diverse ePayment channels shaping the financial ecosystem. 💳🌐 #InternationalDayofBanks #SafeePayDay #FinancialInclusion

 

📢 **Disclaimer: These are my personal views only.  * *

🚀 A dedicated day for #Safe ePayDay will be a game-changer! 💳 Let's envision a future where every electronic transaction is secure and seamless.

🍔 I have fond memories of Vada Pav and have survived many days solely on its delightful taste. Each Vada Pav vendor has their unique secret recipe, adding to the charm of this beloved snack.

🤔 However, in the spirit of promoting #FinancialWellbeing, I've decided to forgo indulging in Vada Pav until the joyous occasion of a celebrated #SafeePayDay arrives.

Join me in this commitment to safer electronic transactions and the anticipation of a more secure financial future! 🌐💼

 

 

 

 

 

📢 **Disclaimer: These are my personal views only.  * *

🚀 A dedicated day for #SafeePayments will be a game-changer! 💳 Let's envision a future where every electronic transaction is secure and seamless.

🍔 I have fond memories of Vada Pav and have survived many days solely on its delightful taste. Each Vada Pav vendor has their unique secret recipe, adding to the charm of this beloved snack.

🤔 However, in the spirit of promoting #FinancialWellbeing, I've decided to forgo indulging in Vada Pav until the joyous occasion of a celebrated #SafeePayDay arrives.

Join me in this commitment to safer electronic transactions and the anticipation of a more secure financial future! 🌐💼