FOR RELEASE: January 18, 2016. Time: 15:00 CET

 

Banco Ademi  joins like-minded banks to become a member of the Global Alliance for Banking on Values

Signalling a growing appetite for the values-based banking movement


ZEIST, THE NETHERLANDS: The Global Alliance for Banking on Values (GABV), a network of the world’s leading values-based banks, today officially welcomed Banco Ademi (Dominican Republic) as its newest member. This marks an increase in membership for the GABV to 28 banks and banking cooperatives, all of which share a unique mission to use finance to deliver sustainable economic, social and environmental development.

 

Celebrating the membership, Dr Marcos Eguiguren, Executive Director, GABV said; “I welcome these banking trailblazers to the Alliance. Each member brings a unique perspective and expertise on how to use finance to create positive impact for the individuals, organizations and communities we serve. I look forward to connecting our latest members to an innovative and inspirational network of leaders, experts and partners committed to answering the question, ‘As banking institutions, how can we use all of our people, capital and resources to accelerate the scale of the economic, social and environmental impact we are duty-bound to support?”

 

Banco Ademi is the first Caribbean member of the GABV. Unlike mainstream banks, Banco Ademi has a values-driven agenda at the core of their mission. Banco Ademi <www.bancoademi.com.do> is committed to the economic and social development of the Dominican Republic with special attention to micro – small and medium sized businesses.

 

Guillermo Rondón, the CEO of Banco Ademi, expressed his joy at becoming part of the GABV network: "We are very pleased to join the GABV. From the beginning until now, Banco Ademi’s activities are based on the values of ethics and social responsibility. Banco Ademi is always aware of our economic and social commitment, and the role we play within our country.”

 

Values-based banks in the GABV are independent and profitable organisations delivering long term benefits for people and the environment. They are grounded in their communities, and work in the real economy (not the speculative financial economy) to offer transparent, inclusive financial services for a wide range of customers. GABV members play a crucial role in the transition to a more sustainable global economy.

 

About the Global Alliance for Banking on Values

Founded in 2009, the GABV comprises 28 financial institutions operating across countries in Asia, Africa, Australia, Latin America, North America and Europe; serving 20 million customers; holding up to USD 100 billion of combined assets under management; and powered by a network of 30,000 co-workers. www.gabv.org

 

Latest news includes:

·         Profit & Positive Impact in Sustainability-focused Banking

·         Latin American Chapter Meeting (Sept. 2015)

·         New Fund with $1 Billion Ambition to Provide Growth Capital for New Banking Paradigm

·         Dr Marcos Eguiguren Appointed GABV Executive Director

·         Real Economy – Real Returns: The Business Case for Sustainability Focused Banking

 

About Banco Ademi

Banco Ademi (Dominican Republic), is a finance entity committed to the economic and social development of the Dominican Republic with special attention to micro – small and medium sized businesses. Products and services include  businesses administration loans, personal and businesses accounts, cash management and multiple payment types (ACH, wires, foreign currency). Banco Ademi has 67 branches through the Dominican Republic and is regulated by Superintendecia de Bancos de la República Dominicana-the supreme authority of the country. www.bancoademi.com.do

 

 

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Media Relations: Global Alliance for Banking on Values

Linda Ryan. E: Linda.Ryan@gabv.org

 

Media Relations: Banco Ademi

Gerente de Relaciones Públicas | Banco Múltiple Ademi, S.A.

Teléfono: 809-683-0203, Ext. 2524| Celular: 809-390-8848