Script to BackUp all Sql Server databases

DECLARE @name VARCHAR(50) -- database name  
DECLARE @path VARCHAR(256) -- path for backup files  
DECLARE @fileName VARCHAR(256) -- filename for backup  
DECLARE @fileDate VARCHAR(20) -- used for file name 

SET @path = 'd:\Backupdb\'  

SELECT @fileDate = CONVERT(VARCHAR(20),GETDATE(),112) 

DECLARE db_cursor CURSOR FOR  
SELECT name 
FROM master.dbo.sysdatabases 
WHERE name NOT IN ('model','msdb','tempdb')  

OPEN db_cursor   
FETCH NEXT FROM db_cursor INTO @name   

WHILE @@FETCH_STATUS = 0   
BEGIN   
       SET @fileName = @path + @fileDate + '_' + @name   + '.BAK'  
       BACKUP DATABASE @name TO DISK = @fileName  

       FETCH NEXT FROM db_cursor INTO @name   
END   

CLOSE db_cursor   
DEALLOCATE db_cursor