Home ›› 05 Mar 2022 ›› Corporate

BRAC Bank hosts annual summit on values-based banking movement

Staff Correspondent
05 Mar 2022 00:00:00 | Update: 05 Mar 2022 00:19:56
BRAC Bank hosts annual summit on values-based banking movement

BRAC Bank will host the 14th Annual Meeting of the Global Alliance for Banking on Values, a network of the most environmentally progressive and socially inclusive banks in the world.

The summit titled ‘Banking for Good in an Age of Change - How Values Can Secure a Positive Future’ will be held from March 8-10, bringing together CEOs and co-workers from values-based banks to explore their challenges and opportunities in an era of rapid change, BRAC Bank said in a statement.

Values-based banks are independent financial organisations that use the money to deliver positive social and environmental impact.

They are private banks, credit cooperatives, microfinance institutions, credit unions, and community banks, serving more than 60 million customers in 44 countries and holding over $200 billion in assets. BRAC Bank co-founded the network in 2009.

The event offers a unique opportunity to learn about the Asia Pacific region and Bangladesh in particular. BRAC Bank will show their peers how they create a positive impact in Bangladesh through their focus on finance for Small and Medium-sized Enterprises (SMEs). A series of special learning journeys will show the stories behind some of BRAC Bank’s customers and the impact they have in the country.

The opening and closing sessions will provide a platform for leading Bangladeshi experts, offering insights into Bangladesh’s key economic and social developments, and providing context for the meeting.

At the inaugural ceremony, Speaker Dr Shirin Sharmin Chaudhury will highlight the remarkable socio-economic progress of Bangladesh as the South Asian country celebrates 50 years of independence.

To close the Annual Meeting, Bangladesh Bank Governor Fazle Kabir will provide a closing perspective on the Bangladesh economy in a global context and dwell on the prevailing conducive environment as a destination for foreign direct investment.

×