Founded in 2009, 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 Global Alliance comprises 28 financial institutions operating in countries across Asia, Africa, Australia, Latin America, North America and Europe; serving 20 million customers; holding up to USD 100 billion of combined assets under management; and powered by a network of 30,000 co-workers.
With a Secretariat headquartered at Triodos Bank in The Netherlands, this network of banks, credit unions, microfinance and community banks shares a charter to use finance to find global solutions to international problems—and to promote a positive, viable alternative to the current financial system.
At its heart, the GABV is 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 talented banking professionals at member banks.
The GABV takes a leading role in the debate about how to build a sustainable financial future by managing joint projects among members, experts and partners to help deliver this future and by advocating for change.
GABV Charter and Principles of Sustainable Banking
GABV Governance and Board of Directors
GABV Programmes (Our Work)
GABV Membership Benefits & Criteria
GABV Partnerships: we work with key partners to further our work, such as, FMO, the development bank of the Netherlands, SFRE Fund, MIT Community Innovators Lab (CoLab), UNEP Inquiry into the Design of a Sustainable Financial System: Policy Innovations for a Green Economy etc. We have also partnered with organisations such as, the Rockefeller Foundation, who co-funded the early stages of the GABV Financial Capital and Impact Metrics programme, and Georgetown University who delivered a high-profile event imagining a better future for the banking industry in 2013.
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Why are values-based banks different? Watch the YouTube video to learn all about it.
Members
Affinity Credit Union (Canada)
Alternative Bank Schweiz (Switzerland)
Assiniboine Credit Union (Canada)
Banca Popolare Etica (Italy)
BancoFie (Bolivia)
BancoSol (Bolivia)
Bank Australia (Australia)
Beneficial State Bank (USA)
BRAC Bank (Bangladesh)
Centenary Bank (Uganda)
City First Bank of DC (USA)
Clean Energy Development Bank (Nepal)
Crédit Coopératif (France)
Cultura Bank (Norway)
Ecology Building Society (UK)
Ekobanken (Sweden)
First Green Bank (USA)
GLS Bank (Germany)
Merkur Cooperative Bank (Denmark)
New Resource Bank (USA)
SAC Apoyo Integral (El Salvador)
Southern Bancorp (USA)
Sunrise Banks (USA)
Triodos Bank (The Netherlands/Europe)
Vancity (Canada)
Vision Banco (Paraguay)
XacBank (Mongolia)
Membership of the GABV
GABV membership is based on the following set of criteria:
Regulated Financial Institution – the proposed member is a financial institution regulated by an authority established under the government of its primary geography and it makes loans and accepts deposits;
Core Business Values – the proposed member has a business model primarily driven by the Principles of Sustainable Banking with a double bottom line commitment but preferably a triple bottom line commitment of People, Planet, and Prosperity;
Independent Stable Governance – the governance for the proposed member is stable ensuring ongoing ability to be committed to a business model consistent with the Principles of Sustainable Banking;
Leadership Commitment – the proposed member’s senior management and Governing Boards have strong commitments to maintaining or expanding business activities consistent with the Principles of Sustainable Banking. The CEO (or equivalent) is committed to active participation in GABV activities;
Financial Model Sustainability – the proposed member operates a financial model (earnings, capital, risk management, etc.) sustainable over the long term and resilient for responding to business challenges and opportunities;
Expanding Impact Commitment – the proposed member has a commitment to growing the impact of its activities over time directly or indirectly.
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