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Global Alliance For Banking On Values
The Global Alliance for Banking on Values (GABV) is an independent association of 'values-based banks' with a shared mission to use finance to deliver environmental, social, and corporate governance (ESG) positive outcomes. The GABV consists of over 60 member banks, credit unions and microfinance institutions, from a total of 44 countries. The group has 16 supporting partners. Its headquarters are in Amsterdam, Netherlands. Marcos Eguiguren from GABV said that values-based banking means putting "People before Profit" These are banks that use money to deliver economic, social and environmental development. They set themselves apart from traditional banks based on where they put their customers' money, how they manage lending, such as by providing loans and services to sustainable projects, individuals, and entrepreneurs, and avoiding investing money in the pure financial and speculative economy, by support their local communities and the environment, and by how they treat their staf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental, Social, And Corporate Governance
Environmental, social, and governance (ESG) is shorthand for an investing principle that prioritizes environmental issues, social issues, and corporate governance. Investing with ESG considerations is sometimes referred to as ''responsible investing'' or, in more proactive cases, ''impact investing''. The term ESG first came to prominence in a 2004 report titled "Who Cares Wins", which was a joint initiative of financial institutions at the invitation of the United Nations (UN). By 2023, the ESG movement had grown from a UN corporate social responsibility initiative into a global phenomenon representing more than US$30 trillion in assets under management. Criticisms of ESG vary depending on viewpoint and area of focus. These areas include data quality and a lack of standardization; evolving regulation and politics; greenwashing; and variety in the definition and assessment of social good. Some critics argue that ESG serves as a de facto extension of governmental regulation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value-based Banks
Value-based price, also called value-optimized pricing or charging what the market will bear, is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. The value that a consumer gives to a good or service, can then be defined as their willingness to pay for it (in monetary terms) or the amount of time and resources they would be willing to give up for it. For example, a painting may be priced at a higher cost than the price of a canvas and paints. If set using the value-based approach, its price will reflect factors such as age, cultural significance, and, most importantly, how much benefit the buyer is deriving. Owning an original Dalí or Picasso painting elevates the self-esteem of the buyer and hence elevates the perceived benefits of ownership. How it works Within the strategy of value-based pricing, the price is not dependent on its cost of production, but instead, it is set with consideration upon the consu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centenary Bank
Centenary Bank, also Centenary Rural Development Bank Limited (CRDBL), is a commercial bank in Uganda licensed by the Bank of Uganda, the central bank and national banking regulator. History The bank was founded in 1983 as a credit trust, Centenary Rural Development Trust (CRDT), by Simeon Lutaakome, Hugh Francis Pulle, Paul Kateregga, Vincent Kirabo kya Maria, Emmanuel Mpande, and John Ogutu. In 1985, CRDT began to provide financial services to the public. The bank became a fully licensed commercial bank in 1993, after receiving a license from the Bank of Uganda. As of May 2016, Centenary Bank was the largest majority indigenous Ugandan commercial bank. In May 2009, John Giles left the seat of Managing Director after three years at the position.The current Managing Director is Fabian Kasi In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. In 2017, Centenary launched on a new core banking platform deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial State Bank
Beneficial State Bank (formerly One PacificCoast Bank, FSB; and OneCalifornia Bank) is an Oakland, California-based community development bank. The bank was founded in 2007 by billionaire philanthropist and former presidential candidate Tom Steyer and his wife Kat Taylor, to provide loans and banking services to individuals in low wealth communities, including entrepreneurs and existing businesses. History In June 2007, Tom Steyer and his wife Kat Taylor founded a charitable foundation, OneCalifornia Foundation, with $22.5 million. As part of the foundation, they formed OneCalifornia Bank as a non-profit community bank. Their goal when founding the bank and foundation was to finance non-profit organizations, and ensure profits were reinvested in the community. In August 2010, the bank signed an agreement to acquire ShoreBank Pacific, a Ilwaco, Washington-based community bank, and subsidiary of Shorebank Chicago. Together the merged banks would have $300 million in combined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Muamalat Malaysia
Bank Muamalat Malaysia Berhad ( Jawi: ) started its operations on 1 October 1999 with a combined assets and liabilities brought over from the Islamic banking windows of the then Bank Bumiputra Malaysia Berhad, Bank of Commerce (M) Berhad and BBMB Kewangan. Bank Muamalat Malaysia Berhad, the second full-fledged Islamic bank to be established in Malaysia after Bank Islam Malaysia Berhad, is poised to play its role in providing Islamic banking products and services to Malaysians, without regard to race or religious beliefs. The bank was based on a profit sharing model and its products weren't linked to the Bank Indonesia discount rate, thus surviving to the 1997 Asian financial crisis which increased the mean interest rate of the other Indonesian banks. DRB-HICOM holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Australia
Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria, Collingwood, Victoria (Australia), Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and cooperative banking, co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 2011, and Bank Australia in 2015. Bank Australia is a member organisation of the Global Alliance for Banking on Values and is a B Corporation (certification), certified B Corporation. As of 2023 it had 186,863 customer-members. History The bank has its origins in the 19 September 1957 incorporation of the CSIRO (Commonwealth Scientific and Industrial Research Organisation) Co-operative Credit Society. Walter Ives was appointed as chairman, and the first 40 members, limited to officers and employees of CSIRO aged over 18, were admit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amalgamated Bank
Amalgamated Bank is an American financial institution. It is the largest union-owned bank and one of the only unionized banks in the United States. Amalgamated Bank is currently majority-owned by Workers United, an SEIU Affiliate. It was founded on April 14, 1923, by the Amalgamated Clothing Workers of America. Amalgamated Bank had $7.8 billion in assets. Through its Institutional Asset Management and Custody Division, Amalgamated Bank is one of the leading providers of investment and trust services to Taft–Hartley plans in the United States. The bank oversees over $45 billion in investment advisory and custodial services. In August 2018, Amalgamated Bank filed an initial public offering and became publicly traded on the NASDAQ, under the ticker symbol "AMAL". The bank offers personal banking, small business banking solutions, commercial banking, and institutional investing services across New York, California, Massachusetts, Washington, D.C., and Colorado. History On ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Financial Express (Bangladesh)
''The Financial Express'' is an English-language daily published from Dhaka, Bangladesh, established in 1993. As of 2021, it was the second largest English language newspaper in Bangladesh. Its stories focus mostly on business and economic issues, including international economic news. The paper is owned by International Publications Limited. Shamsul Huq Zahid is the current editor. History ''The Financial Express'' was established in 1993 under International Publications Limited. Moazzem Hossain (journalist), Moazzem Hossain was the founding editor of The Financial Express. It has syndication agreement with Financial Times and Project Syndicate, based in Prague. On 27 January 1998, Financial Express Journalists Union went on strike after filing a dispute against the management under the Industrial Relations Ordinance, 1969 over outstanding payment to staff. ''The Financial Express'' with Standard Chartered, Standard Chartered Bank has an annual award program for best corp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Star (Bangladesh)
''The Daily Star'' is a Bangladeshi English-language daily newspaper. It is by far the largest circulating English-language newspaper in the country. Founded by Syed Mohammed Ali on 14 January 1991, as Bangladesh transitioned and restored parliamentary democracy, the newspaper became popular for its outspoken coverage of politics, corruption, and foreign policy. It is considered a newspaper of record for Bangladesh. The newspaper has been described as having a "reputation for journalistic integrity and liberal and progressive views - a kind of Bangladeshi ''New York Times''". Mahfuz Anam serves as the editor and publisher of ''The Daily Star.'' ''The Daily Star'' is owned by Mediaworld, in which a major share is held by the Transcom Group. ''Star Business,'' the business edition of the paper, is highly popular. The newspaper serves its Bengali readership digitally through its website. History In the late 1980s, plans for a major English newspaper in Bangladesh were drawn up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Business Standard
''The Business Standard'' is a Bangladeshi daily newspaper published in English and Bengali. The newspaper was founded by The Horizon Media and Publication Ltd and is based in Dhaka, the capital of Bangladesh. The newspaper provides detailed analysis of the economic and financial affairs of Bangladesh. The Business Standard also provides selective analysis from various publications including Agence France-Presse, Bloomberg, Reuters, Project Syndicate and Hindustan Times ''Hindustan Times'' is an Indian English language, English-language daily newspaper based in Delhi. It is the flagship publication of HT Media Limited, an entity controlled by the Birla family, and is owned by Shobhana Bhartia, the daughter o .... Academics Abdul Kabil Khan and Anna Shnaider wrote about ''The Business Standard''s emphasis on infographics to attract and retain readers and help them quickly understand complicated topics. They also described the newspaper's effective use of what in 2021 was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dhaka
Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list of cities proper by population density, most densely populated cities in the world with a density of about 34,000 citizens per square kilometers within a total area of approximately 300 square kilometers. Dhaka is a megacity, and has a population of 10.2 million residents as of 2024, and a population of over 23.9 million residents in Greater Dhaka, Dhaka Metropolitan Area. It is widely considered to be the most densely populated built-up urban area in the world. Dhaka is an important cultural, economic, and scientific hub of Eastern South Asia, as well as a major list of largest cities in the Organisation of Islamic Cooperation member countries, Muslim-majority city. Dhaka ranks list of cities by GDP, third in South Asia and 39th in the worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kathmandu Post
''The Kathmandu Post'' is a major daily newspaper published in Nepal. Founded in February 1993 by Shyam Goenka, it is one of the largest English-language newspapers in the country. The newspaper is published by Kantipur Publications, the publishers of Nepal's largest selling newspaper, the Nepali-language '' Kantipur''. ''Post'' is a member of the Asia News Network, an alliance of nineteen Asian newspapers. The ''Kathmandu Post'' is Nepal's first privately owned English broadsheet daily, and is Nepal's largest selling English language newspaper, with a daily circulation of 95,000 copies. The Post's first five pages are primarily dedicated to national news. Each day, the last page offers a variety of features, including explainers, interviews, auto reviews, and restaurant reviews and destinations. During the weekdays, the newspaper also features culture & arts pages, which cover national and international news on society, life and style, fashion and technology. On the weekend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
