International Day of Banks 2025; December 5th.

FORUM: ''Highlight the role of banks in contributing to achieving sustainable development." International Day of Banks 2025. Today in recognition of the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing know-how; and also in recognition of the vital role of the banking systems in Member States in contributing to the improvement of the standard of living; we celebrate the banks. The global economy is facing heightened risks and financial volatility, with global growth likely to have peaked. Geopolitical factors, trade disputes, financial market volatility and non-economic factors, such as climate change risk further impeding growth, stability and development and worsening poverty, inequality and vulnerabilities. It is becoming increasingly urgent to address the systemic economic and financial risks and architectural gaps that threaten the implementation of the 2030 Agenda. To achieve sustainable development in particular eradicating poverty, reducing inequality and combating climate change we need to develop a long-term perspective, with Governments, the private sector and civil society to tackle global challenges. However, a more uncertain world favours more short-term behaviour. Therefore, private businesses, many of whom already face a range of short-term incentives, hesitate to commit funds to long-term investment projects. During periods of financial insecurity, households often focus on their immediate needs. And policymakers are often guided by short-term political cycles. Hence, effort is needed at all levels to ensure that strengthened collective action can help reduce global uncertainty, while financial innovation can generate significant progress across the 2030 Agenda and the Addis Ababa Action Agenda. Follow the conversations with the hashtags: #multilateralBanks, #Developmentbanks #4December, #InternationalDayofBanks, #bankingsystems, #digitalbanking.

EVENT: On December 4th, a webinar will be held to mark the International Day of Banks 2025. The United Nations General Assembly have invited all Member States, the organizations of the United Nations system, the Multilateral Development Banks and non-governmental organizations to observe the International Day, in a manner consistent with national priorities, in order to highlight the role of banks in contributing to achieving sustainable development; The UNGA invites the Department of Economic and Social Affairs of the Secretariat, the United Nations Development Programme, the United Nations Conference on Trade and Development and other relevant United Nations entities to facilitate the observance of the International Day of Banks in collaboration with other relevant organizations.

WEBINAR: Central banks independence in practice.