Global Alliance for Banking on Values

The Global Alliance for Banking on Values (GABV) is an independent network of banks and banking cooperatives with a shared mission to use finance to deliver sustainable economic, social and environmental development. The GABV comprises 63 financial institutions worldwide; serving close to 70 million customers, holding up to US$210 billion of combined assets under management, and supported by close to 77,000 workers.

The GABV was founded in 2009. Membership is based upon a charter to use finance to find global solutions to international problems—and to promote a positive, viable alternative to the current financial system.

The secretariat is headquartered at Impact Hub Amsterdam in The Netherlands

The GABV serves as a Chief Executive Officer network providing a unique space for leaders committed to values-based banking to collaborate and inspire. It also provides learning and development opportunities for senior executives, experts and employees at member banks.

Partnerships

When we collaborate, we create and sustain greater economic, social and environmental impact across the world.

That’s why we consider strategic partnerships a critical factor in building an inclusive, sustainable and representative #BankingOnValues movement. Supporting Partners are those organisations (development banks, multilateral and academic institutions, networks, and initiatives) that believe in missions and visions based on people-focused, real economy, and triple bottom line solutions.

Members

There are 63 member institutions worldwide.[1]

Name Country Total assets million USD

(2015)

 Co-workers (2015)
Affinity Credit Union Canada 3 443 912
Alternative Bank Schweiz[2] Switzerland 1 602 96
Amalgamated Bank United States
Assiniboine Credit Union Canada 3 012 427
Banca Etica Italy 1 358 269
Banco Ademi Dominican Republic 390 1336
Banco FIE Bolivia 1 490 3 551
Banco Popular de Honduras Honduras
Banco Solidario Ecuador 675 1 388
BancoSol Bolivia 1 466 2 779
Bank Australia Australia 2 611 304
BANFONDESA Dominican Republic
Bank of Palestine Palestine
Beneficial State Bank USA 631 102
BRAC Bank Bangladesh 2 820 7 700
Caisse d'économie solidaire Desjardins Canada
Caja Arequipa Peru
CARD Bank Philippines
Centenary Bank Uganda 591 2 211
Charity Bank United Kingdom
City First Bank of DC USA 257 38
Crédit Coopératif France 17 377 1 982
Cooperativa Abaco Peru 347 89
Cooperative Bank of Karditsa Greece
Cultura Bank Norway 86 17
Dai-Ichi-Kangyo (DKC) Credit Union Japan
Ecology Building Society United Kingdom 216 25
Ekobanken Sweden 87 19
ESAF Small Finance Bank India
First GREEN Bank USA 383 69
Freie Gemeinschaftsbank Switzerland 268 22
GLS Bank Germany 4 554 527
Kindred Credit Union Canada
LAPO Microfinance Bank Nigeria
Lead Bank USA
Merkur Resource Bank Denmark 393 83
MagNet Bank Hungary 380 225
Missoula FCU USA
NMB Bank Limited Nepal 396 357
Opportunity Bank Serbia Serbia
SAC Apoyo Integral, S.A. El Salvador 95 364
Southern Bancorp USA 1 186 339
Sunrise Banks USA 911 198
Teachers Mutual Bank Australia
Umweltbank[3] Germany 3 008 132
First MicroFinance Bank-Tajikistan Tajikistan
First MicroFinance Bank-Afghanistan Afghanistan 137 1 019
Triodos Bank Europe 8 956 1 121
Vancity Canada
Verity Credit Union USA
Vision Banco Paraguay 1 005 2 045
Vermont State Employees Credit Union USA
XacBank Mongolia 975 1 429

Principles of Values-Based Banking

The GABV Principles of Values-based Banking describe the fundamental pillars of the movement and membership criteria:

5+1 Principles

1. Social and environmental impact and sustainability are at the heart of the business model

2. Grounded in communities, serving the real economy, and enabling new business models to meet the needs of people

3. Long-term relationships with clients and a direct understanding of their economic activities and the risks involved

4. Long-term, self-sustaining, and resilient to outside disruptions

5. Transparent and inclusive governance

All of these principles embedded in the leadership and the culture of the member financial institution.

Values-based banks seek to embed these principles in the culture of their institutions so that they are routinely used in decision-making at all levels. Recognizing that the process of embedding these values requires deliberate effort, these banks develop human resources policies that reflect their values-based approach (including innovative incentive and evaluation systems for staff), and develop stakeholder-oriented practices to encourage values-based business models. These banks also have specific reporting frameworks to demonstrate their financial and non- financial impact.

See also

Sources and references
  1. "Find members ~ Global Alliance – For Banking on Values". www.gabv.org. Retrieved 2020-06-05.
  2. "Global Alliance for Banking on Values gegründet" (in German). Alternative Bank Schweiz (ABS). 2009-03-13. Retrieved 2016-11-16.
  3. "UmweltBank ~ Global Alliance – For Banking on Values". www.gabv.org. Retrieved 2020-06-05.
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