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and to secure the economy, for example in Spain where the first national thrift day was celebrated in 1921, or in the United States. In other countries, such as
Germany, the peoples' confidence in savings had to be restored since many of them had lost their savings in the
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declared this day the "International Saving Day" on the last day of the congress. In the resolutions of the Thrift
Congress it was decided that 'World Thrift Day' should be a day devoted to the promotion of
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than the republic's
President and even a street was named after him. In the 1970s, the 'Sparefroh-Journal', an educational magazine for younger people, reached a circulation of 400,000 copies.
221:, where many people are unbanked. Savings banks play an important role in enhancing savings in these countries with certain campaigns and initiatives such as working with
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The idea of World Thrift Day was not born out of nothing. There had been some examples of days that were committed to the idea of saving money in order to gain a higher
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Representatives of 29 countries wanted to bring to mind the "thought of saving" to the worldwide public and its relevance to the
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and the individual. The World
Savings Day is usually held on October 30 except in countries where this day is a
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World
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Nowadays the focus of the banks that organise the World
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World
Savings and Retail Banking Institute webpage on World Savings Day
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was established on
October 31, 1924, during the 1st
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