Global Alliance for Banking on Values

Ten banks founded the GABV: Triodos Bank, Shorebank, BRAC Bank, Mibanco Peru, Alternative Bank Switzerland, Merkur Bank, GLS Bank, Banka Etica, New Resource Bank and XacBank.

In 2010, the company had its first annual meeting in Bangladesh. The meeting identified capital raising, impact measurement, human development and advocacy as core tracks for the future. In the same year, it launched its Values Ambassadors programme.

2011’s Lima Declaration demanded that value-based banks be recognized through appropriate regulation and not be adversely impacted by regulations intended to address issues related to mainstream banks.[1]

2012 was the start of the GABV’s research activities.

2013 resulted in the first International Banking on Values Day, the creation of the Europe and North America regional chapters, as well as the Berlin Declaration.[2]

In 2014, the GABV’s scorecard, a set of common impact metrics, which allows banks to report their social impact of a bank through a harmonised method, was launched. Furthermore, a milestone of 25 members was reached.

In 2015 the Leadership academy was launched, a personal development programme focused on leadership and innovation skills. Furthermore, The Sustainable Finance Real Economies investment fund was launched, as well as the appointment of Marco Eguiguren as executive director, and the forming of the Latin America Regional Chapter.

In 2017 another chapter was formed, namely the Asia-Pacific Regional Chapter. Furthermore, 2017 was the year of the Kathmandu Declaration, a commitment to a long term positive social impact towards renewing the whole banking system.[3]

2019 marked the 10 year anniversary of the GABV, as well as the climate change commitment, a commitment in line with the Paris agreement that was signed by 28 GABV members.

Despite the COVID pandemic, in 2020, the GABV completed an investment into one of its own members, the Opportunity Bank Serbia, as well as the launch of the African Regional Chapter.

In 2021, the GABV held its annual meeting virtually for the first time. David Reiling was also made the new chair of the company.