BRAC Bank reiterates commitment to values-based banking
BRAC Bank Limited has reiterated its strong commitment to values-based banking as the bank along with 60 other members of Global Alliance for Banking on Values (GABV) celebrates Banking on Values Day across the globe.
Every year GABV observes Banking on Values Day on 7 November. This year’s theme is ‘I Choose #BankingOnValues Because I Care about Climate, Because I Care about Equality and Because I Care about Migrants.’
This year’s observance carries special significance as the alliance marks its 10th founding anniversary. It is a global movement that has emerged to use financial services as a tool for social good and imbue a positive perception to the industry - change the way we see the banking sector.
The GABV, founded in 2009, is a network of banking leaders from around the world committed to advancing positive change in the banking sector. BRAC Bank is one of the founding members of GABV and the only member to the global forum from Bangladesh. Its collective goal is to inspire an ethical standard in the banking system so that it is more transparent, supports economic, social and environmental sustainability and is composed of a diverse range of banking institutions serving the real economy.
GABV members have one shared mission to use finance to deliver sustainable economic, social and environmental development, with a focus on helping individuals fulfil their potential and build stronger communities.
On the occasion, GABV has launched a global photo-contest to highlight this year’s theme. The contest is open to all. Three winners will get Fairphone 3, the world’s most environmental friendly mobile phone. The participants have share carefully crafted images with the hashtag #BankingonValues in their Twitter or Instagram pages. For details, please visit:
On the occasion, BRAC Bank managing director and CEO Selim RF Hussain said: “As a member of GABV, BRAC Bank believes in the philosophy of people, planet and prosperity and works towards making the environment healthier and planet more habitable for all through its responsible financing. We believe prosperity and planet should go together as we continue our journey of development. In line with our commitment to sustainability and care for the planet, we strive to contribute to reduce the carbon footprint of Bangladesh through its green financing and green initiatives. We think through this celebration of Banking on Values Day, we can disseminate the message to larger audience and sow the seed of sustainable banking movement in Bangladesh. Let us shape our vision and work together for greater good and a better society.”