The World Savings Day was established on October 31, 1924, during the 1st International Savings Bank Congress in Milan, Italy. The Italian Professor Filippo Ravizza 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 savings all over the world. In their efforts to promote thrift, the savings banks also worked with the support of the schools, the clergy, as well as cultural, sports, professional, and women's associations.
World Savings Day is announced in Milan, Italy by the Members of the Association at the 1st International Savings Bank Congress (World Society of Savings Banks).
On October 31, in the year 1924, World Savings Day is announced in Milan, Italy by the Members of the Association at the 1st International Savings Bank Congress (World Society of Savings Banks). This event is recorded as a Historical Events event in the history of October 31, one of 445 recorded events on this date across all of history.
Key Facts
- This event took place on October 31, 1924 (AD era).
- It is categorised as a Historical Events event in recorded history.
- Referenced in 4 Wikipedia articles.
- Wikipedia source last updated on 22 August 2026.
On This Date in History 445
This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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