BRAC Bank has reiterated its strong commitment to values-based banking as the bank along with 66 other members of Global Alliance for Banking on Values (GABV) celebrates Banking on Values Day across the globe.
Every year GABV observes the day to claim for a more sustainable and inclusive financial models. This year, the values-based banks observed the 8th edition of international #BankingOnValues Day on November 3, 2021 in 40 countries to advocate for an ambitious approach to climate change, a press release said.
This year’s theme is ‘Close the Loop with Baking on Values’. GABV has developed a concept through 3 different aspects — a healthy climate, a fair economy and a diverse and inclusive society — to convey it more effectively with examples of our contribution as a values-based financial movement.
As part of marking the Banking on Values Day in Bangladesh, BRAC Bank organized a virtual knowledge session on November 6, 2021 with participation of its senior officials. Managing Director and CEO Selim R. F. Hussain, DMD and COO Md. SabbirHossain, DMD and Head of Corporate Banking TareqRefatUllah Khan, DMD and Head of SME Banking Syed Abdul Momen, and more than 500 officials took part in the discussion. They pointed out the importance and benefits of values-based banking, key principles and its relevance in Bangladesh banking sector.
Managing Director and CEO Selim R. F. Hussain said: “BRAC Bank is the only GABV member-bank from Bangladesh and it takes great pride in being associated with the global movement. I believe through observance of Banking on Values Day, we would be able to disseminate the message to a larger audience and sow the seed of sustainable banking movement in Bangladesh.”
“BRAC Bank passionately works towards making the environment cleaner and the earth greener through its responsible financing. We strive to contribute reducing the carbon footprint of Bangladesh through green financing. We believe prosperity and planet should go together as we continue our journey of development. We will continue to pursue values-based banking for a sustainable future for the country,” he added.
On the eve of the UN Conference on Climate Change in Glasgow (COP26), the Global Alliance for Banking on Values (GABV) is calling on the financial sector as a whole to act faster, go further, and be more coherent against climate change.
