Celebrating the International Day of Banks: Empowering Global Financial Literacy and Inclusion
Laura Wiebe
On December 4th, the International Day of Banks is celebrated, recognised by the United Nations as a moment to recognise the critical role that banks play in fostering sustainable development and improving the accessibility of financial services to individuals and families worldwide. At Saver.Global we proudly align with the values of economic empowerment on a global scale, offering free equitable remittance solutions and financial education products for all.
The Role of Banks in Financial Inclusion
Through the expansion of financial services from traditional banking to digital platforms and products, banks act as gateways to financial stability for the broad population. As digital literacy and technological development improves, there is less and less exclusion of underserved populations from financial services, such as migrants, women entrepreneurs, and those in rural areas.
The International Day of Banks is an opportunity to reflect on the direction of this progress and encourage those working in financial services to continue to bridge these gaps.
Our Commitment to Financial Empowerment
At Saver.Global, we have several platforms and products which target financial empowerment through access to education. These include:
SaverLearning
Our free financial literacy app educates users on several topics, including our most recent course Banking Basics. The banking course ensures users know about different types of accounts available, and what contexts they should be used within. A gamified journey through banking ensures individuals at any point of their financial journey can make the most of banking services.
As well as our banking course, we have a remittances-focused ‘Moving Money’ course which guides users through ways of effectively and efficiently sending money across borders, and a ‘Smart Budgeting’ course that teaches the basics behind budgeting for life’s expenses.
Remittance Comparisons
Our regional sites, such as SaverAsia and SaverPacific, have an array of information and tools to guide individuals on their remittances. With many options out there to make cross-border transfers, these sites localise the services available and reduce the noise for those trying to send money to loved ones overseas.
How You Can Take Action Today
- Learn: Explore financial literacy resources to better understand banking and remittance options.
- Advocate: Promote the importance of equitable access to banking services for all.
- Engage: Use tools like our SaverLearning app or regional remittance comparison apps/sites like SaverAsia and SaverPacific to learn more about effective financial management.
Conclusion
This International Day of Banks, let’s celebrate the strides made in financial inclusion while recognising the work still to be done. At Saver.Global, we’re proud to be part of the solution—empowering communities with knowledge and tools to achieve financial stability and independence.