Global Alliance for Banking on Values welcomes two new members


Celebrating ten years since the Global Alliance for Banking on Values (GABV) was founded by nine pioneer banks, we welcome two new members who are committed to the BankingOnValues movement.

The new members joining the GABV and the BankingOnValues movement are:

Center-invest Bank (Russia)

Folkesparekassen (Denmark)

Dr. Marcos Eguiguren, executive director of the GABV, congratulated the new members: “As always, I am very happy to welcome new members to the GABV. And having a new member from Russia joining to pave the way for BankingOnValues in their country is truly a great moment. I am also happy to see Folkesparekassen from Denmark joining the European Chapter, bringing fresh ideas and expanding the diversity of business models in the region. Many other stakeholders and friends of the GABV cooperate with us daily to achieve a healthier financial system, and the dialogue is always open with potential members around the world to officially join the GABV. We are convinced that the GABV family will continue to grow and that together we will manage to change finance to make a difference in the 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. They have a shared mission to use finance to deliver sustainable economic, social and environmental development. Founded in 2009, the GABV comprises of 55 financial institutions and 11 supporting partners operating in countries across Asia, Africa, Australia, South and North America and Europe. Collectively, we serve more than 56.3 million customers, hold up to $195bn USD of combined assets under management, and we are supported by more than 66,000 co-workers. Learn more about the GABV, meet all our members and find how we are working to build a growing, global, values-based banking movement.