Karachi: International Day of Banks is being observed today. The United Nations General Assembly adopted a resolution designating December 4 as the International Day of Banks. This observance recognizes the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing expertise. According to Radio Pakistan, the resolution underscores the vital role these banks play in mobilizing financial resources and knowledge to address global challenges. The designation of this day aims to highlight the contributions of these banks in achieving sustainable development goals and fostering economic growth worldwide.