World Savings Day

Nowadays the focus of the banks that organise the World Savings Day is on developing countries, where many people are unbanked.

In Germany World Savings Day is held on the last business day before October 31 since this is a public holiday in some States (Reformation Day).

The World Savings Day was established on October 31, 1924, during the 1st International Savings Bank Congress (World Society of Savings Banks) in Milano, Italy.

The World Savings Day is usually held on October 31 except in countries where this day is a public holiday, since the idea is for the banks to be open, so that the people are able to transfer their savings into their account.