BRAC Bank hosting 13th GABV summit

Published : 07 Nov 2022 08:00 PM

The Directors of the world's leading sustainable banks will reiterate their strong commitment to values-based banking and stress the need to spread the message across communities and countries for a sustainable and secure future as they meet in Dhaka.

As the world struggles with environmental degradation and climate change, the Global Alliance for Banking on Values (GABV), a network of 70 independent banks, credit unions and microfinance institutions from 43 countries, is all set to hold a three-day conference to share ideas and find solutions as to how the financial industry can drive sustainability.

More than 50 delegates, particularly CEOS and MDs of member-banks, will participate in the conference with the theme From Perspectives to Action: Transformational Practice in Action. This is the second time the GABV is holding the annual summit in Bangladesh.

Bangladesh Parliament Speaker Dr. Shirin Sharmin Chaudhury gave her consent to inaugurate the summit as the chief guest. 

Managing Director and CEO Selim R. F. Hussain said, "BRAC Bank takes great pride in being associated with the values-based banking movement. We believe through this annual meeting, we would be able to disseminate the message to a larger audience and sow the seed of sustainable banking movement in Bangladesh and beyond."

"BRAC Bank passionately works to make the environment cleaner and the Earth greener through responsible financing. We strive to contribute to reducing the carbon footprint of Bangladesh through green financing. We believe prosperity and the planet should march hand-in-hand as we continue our development journey. We will continue to work with the GABV to adopt best practices and pursue values-based banking for a sustainable future," he added. 

David Reiling, CEO of Sunrise Banks (USA) and Chair of the GABV said, "This is the first global in-person meeting since the outbreak of the Corona pandemic. We are coming together to discuss how to respond as a movement in the face of the multiple crises shaking the world. am grateful for the leadership of our host. BRAC Bank, which has been a great inspiration for all GABV members.