1. VBBs have little money to invest; what difference can they make?
A lot! Read our Impact Stories to learn how VBBs are making a global difference.
2. Values-based banking is just a new trend.
This business model began more than 10 years ago. Our scorecards help banks self-assess and monitor their progress on delivering value to society.
3. I need my money to be safe and insured.
All VBBs are regulated and insured just like any bank.
4. All banks are pretty much the same.
VBBs put people first and serves real needs in the real economy. This is a different form of banking and it’s growing!
5. Values-based banks are financially unstable.
VBBs have a stronger capital position and are more profitable. They are less volatile than conventional banks. The real economy
The Global Alliance for Banking on Values is an independent network of banks using finance to deliver sustainable development for under-served people, communities and the environment.
We joined the GABV network in 2012. As a member bank we comply with sustainable banking principles and have a shared commitment to find global solutions to international problems – and to promote a positive, viable alternative to the current financial system. All member organizations believe that we must improve the quality of life for everyone on the planet, recognizing that we are economically interdependent and responsible to current and future generations.
The network’s members have to meet three criteria:
The Global Alliance for Banking on Values works with key partners to further its work. In particular, with FMO, the development bank of the Netherlands, the Rockefeller Foundation, who co-fund its financial capital and impact metrics action track, and SBI who deliver services and solutions that extend access to capital to un(der)served individuals, households and entrepreneurs globally.
Check out our GABV profile here.