If you’ve seen any of our social media posts, you’ve probably seen a lot of acronyms for various organizations, events, and laws (If you haven’t, you should go check out our social media accounts, there’s some pretty cool stuff there). I’d like to take some time to explain one of the really important acronyms to us, GABV, or the Global Alliance for Banking on Values.
According to the GABV website:
“The Global Alliance for Banking on Values is an independent network of banks using finance to deliver sustainable development for unserved people, communities and the environment.”
What does that mean? Well, it means that GABV is a group of banks that are committed to more than just profit. All around the world, members of GABV are making sure that people that are usually overlooked by larger banks have the same help that banks can give. They help give small businesses the help that they need to succeed whether they are growing tea in Uganda, providing clean energy in Nepal, or providing housing for vulnerable adults right here in MN.
Now, I might be a little biased, but I think that a bank, much less a whole group of them around the world, making sure that everyone has the same financial freedom to support their dreams is pretty cool. It’s a nice story that you don’t hear about often, and not only that, but the people working for these banks totally believe in that mission too.
People say that you should try to learn something new every day, today why not check out GABV and learn about what it means to be banking on values. http://www.gabv.org/