Global Alliance for Banking on Values

Definition

The Global Alliance for Banking on Values or GABV is a network of banks that cooperate to promote sustainable banking. The organization consists of 25 banks that finance social, environmental and cultural projects with approximately $100 billion in assets. The criteria for membership are:

  • commitment to social banking based on the 3 P’s of corporate social responsibility: people, planet and profit (people, planet and profitability)
  • independent and licensed banking with a focus on consumers
  • minimum balance sheet total of $50 million



History

The alliance was established in March 2009 by BRAC Bank in Bangladesh, GLS Gemeinschaftsbank in Germany, ShoreBank in the US, and Triodos Bank in the Netherlands and Belgium.

List of member banks

Supplemented until August 2017:

  • Alternative Bank Schweiz AG (Switzerland)
  • Affinity Credit Union (Canada)
  • Amalgamated Bank (USA)
  • Assiniboine (Canada)
  • Banca Popolare Etica (Italy)
  • Banco Ademi (Dominican Republic)
  • BancoFie (Bolivia)
  • Banco Solidario Ecuador
  • BancoSol (Bolivia)
  • Bank Australia (Australia)
  • Bank of Palestine (Palestine)
  • Beneficial State Bank (USA)
  • Bankmecu (Australia)
  • Microfinance Program BRAC Bank (Bangladesh)
  • Caisse d’économie solidaire Desjardins (Canada)
  • Caja Arequipa (Peru)
  • Centenary Bank (Uganda)
  • City First Bank of DC (USA)
  • Cooperativa Abako (Peru)
  • Clean Energy Development Bank (India)
  • Credit Cooperatif (France)
  • Cultura Bank (Norway)
  • Ecology Building Society (Great Britain)
  • Ekobanken (Sweden)
  • First green bank (USA)
  • Freie Gemeinschaftsbank Genossenschaft (Switzerland)
  • GLS Gemeinschaftsbank (Germany)
  • Integral (Mexico)
  • LAPO Microfinance Bank (Nigeria)
  • Magnet Bank (Hungary)
  • Merkur Cooperative Bank (Denmark)
  • Missoula Federal Credit Union (USA)
  • Mibanco, Banco de la Microempresa (Peru)
  • New Resource Bank (USA)
  • NMB Bank Limited (Nepal)
  • OnePacificCoast Bank (USA)
  • SAC Apoyo Integral, SA (El Salvador)
  • Southern Bancorp (USA)
  • Sunrise Banks (USA)
  • Teachers Mutual Bank Limited (Australia)
  • The First MicroFinance Bank – Tajikistan (Tajikistan)
  • The First MicroFinance Bank – Afghanistan (FMFB-A)
  • (Afghanistan)

  • Triodosbank (Netherlands, Belgium, United Kingdom, Spain and Germany)
  • , also co-founder of this alliance.

  • Vancity (Canada)
  • Verity Credit Union (USA)
  • Vision Banco (Paraguay)
  • VSECU (Vermont State Employees Credit Union)
  • (USA)

  • XacBank (Mongolia)
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