Global Alliance for Banking on Values

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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 40 financial institutions world wide; serving 20 million customers; holding up to USD 110 billion of combined assets under management, and powered by a network of 42,000 co-workers per 2015.

The alliance 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 Triodos Bank 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.


GABV works with key partners to further the common purpose, such as Netherlands Development Finance Company, SFRE Fund, MIT Community Innovators Lab (CoLab), UNEP, 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.[1]


Name Country Total assets million USD


Co-workers (2015)
Affinity Credit Union Canada 3 443 912
Alternative Bank Schweiz[3] 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 Solidario Ecuador 675 1 388
BancoSol Bolivia 1 466 2 779
Bank Australia Australia 2 611 304
Bank of Palestine Palestine
Beneficial State Bank USA 631 102
BRAC Bank Bangladesh 2 820 7 700
Caja Arequipa Peru
Centenary Bank Uganda 591 2 211
City First Bank of DC USA 257 38
Crédit Coopératif France 17 377 1 982
Cooperativa Abaco Peru 347 89
Cultura Bank Norway 86 17
Ecology Building Society United Kingdom 216 25
Ekobanken Sweden 87 19
First GREEN Bank USA 383 69
Freie Gemeinschaftsbank Switzerland 268 22
GLS Bank Germany 4 554 527
LAPO Microfinance Bank Nigeria
Merkur Resource Bank Denmark 393 83
MagNet Bank Hungary 380 225
New Resource Bank USA 282 43
NMB Bank Limited Nepal 396 357
SAC Apoyo Integral, S.A. El Salvador 95 364
Southern Bancorp USA 1 186 339
Sunrise Banks USA 911 198
Teachers Mutual Bank Australia
First MicroFinance Bank-Tajikistan Tajikistan
First MicroFinance Bank-Afghanistan Afghanistan 137 1 019
Triodos Bank Europe 8 956 1 121
Vancity Canada
Vision Banco Paraguay 1 005 2 045
Vermont State Employees Credit Union USA
XacBank Mongolia 975 1 429

Membership critera[edit]

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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