Global Alliance for Banking on Values Welcomes Three New Members

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Global Alliance for Banking on Values (GABV)

23 Oct, 2017, 12:13 BST

ZEIST, Netherlands, October 23, 2017 /PRNewswire/ --

The Global Alliance for Banking on Values (GABV) celebrates another successful quarter by welcoming three new members committed to banking on values. With the new members, the Global Alliance now comprises of 46 members and seven partners from around the world. We are continuing the work and a shared mission to use finance to deliver sustainable economic, social and environmental development.

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The newest members to join the Global Alliance and the #BankingOnValues movement include BANFONDESA www.banfondesa.com.do (Dominican Republic), Kindred Credit Union www.kindredcu.com (Canada), and Opportunity Bank Serbia www.obs.rs/en (Serbia).

Celebrating the growth of the Global Alliance, Dr Marcos Eguiguren, Executive Director, GABV said "As we are approaching our #BankingOnValues Day, this year marked on November 2, I am happy to welcome three new members to our values-based family coming from three different continents. With all support and efforts of our members, partners, and 48+ thousand co-workers around the world, we are truly making a positive change in the world of finances. Every day, we jointly show examples of how business can be done in a different way that has no impact on the environment and supports the development of communities worldwide. We are committed to advancing positive change in the banking sector. Our collective goal is to change the banking system so that it is more transparent, supports economic, social and environmental sustainability, and is composed of a diverse range of banking institutions serving the real economy. We still are not close to achieving our goal, but we are at the right path. Being optimistic, investing in our people, and being inspired by each other will help us succeed in our joint mission of changing finance. Only by working together we can influence the change we want to see.

The Global Alliance, together with its members and partners, continues its work to make the world of finance more values-based, to minimize the effect on the environment, and to become a role model and inspiration for change in the financial world.

About the GABV

The Global Alliance for Banking on Values is a not-for-profit organisation and independent network of banks and banking cooperatives with a shared mission to use finance to deliver sustainable economic, social and environmental development. Founded in 2009, the GABV comprises of 46 financial institutions and seven strategic partners operating in countries across Asia, Africa, Australia, Latin America, North America and Europe. Collectively we serve more than 41 million customers, hold up to $127 billion USD of combined assets under management, and we are supported by more than 48,000 co-workers. Learn more about the GABV and how we're working to build a growing, global, values-based banking movement.