Tuesday, 29 November, 2022

Value-based banking summit begins in Dhaka today

Global Alliance for Banking on Values and Brac Bank organise the 13th edition of the int’l conference

  • Staff Correspondent
  • 8 November, 2022 12:00 AM
  • Print news
Value-based banking summit begins in Dhaka today

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An international conference on value-based banking begins in Dhaka today to promote sustainable finance to secure the future.

Value-based banking is a finance mode for prosperity keeping balance of people and plants, said organisers at a press conference at Radisson Blu Dhaka on Monday.

Speaker of the Parliament Dr. Shirin Sharmin Chaudhury is scheduled to inaugurate the three-day conference at Radisson Blue Dhaka. Global Alliance for Banking on Values (GABV) and Brac Bank organise 13th edition of the international conference of its kind.

GAVB Chair David Reiling and Brac Bank Managing Director Selim RF Hussain were present at the press-briefing while Executive Vice President Ekram Kabir conducted the session.  GAVB is a network of 70 independent banks, credit unions and microfinance institutions from 43 countries.

More than 50 delegates, particularly chief executives 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.

The delegates will participate in several discussion sessions that will touch upon important transformation issues in the banking industry, the significance of value-based banking, decarbonisation, financial inclusion, microfinance, sustainability integration, human capital and organisational transformation.

Selim RF Hussain said Brac Bank takes great pride in being associated with the value-based banking movement.

"We believe in this annual meeting that we would be able to disseminate the message to a larger audience and sow the seed of sustainable banking movement in Bangladesh and beyond,” he said.

 GAVB Chair David Reiling said the conference is the first global in-person meeting since the outbreak of the coronavirus pandemic.

 "We are coming together to discuss how to respond as a movement in the face of the multiple crises shaking the world. I am grateful for the leadership of our host, Brac Bank, which has been a great inspiration for all GABV members," David Reiling, also CEO at United States-based Sunrise Banks, said. 

 The GABV was recognised recently as a Climate Leader by the Finance for the Future Awards and will participate in COP27 as an Observer NGO.