Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Piraeus Bank, Alongside 27 Banks of UNEP FI, Launch the Principles for Responsible Banking


Today at its Global Roundtable in Paris, UN Environment Finance Initiative (UNEP FI) and 28 banks from around the world are launching the Principles for Responsible Banking for global public consultation. Together the banks represent over USD 17 trillion in combined assets, and CEOs from 12 of the banks will attend the launch.

Piraeus Bank is the only Greek Bank, among the 28 banks, which actively contribute to the development of these Principles. Piraeus Bank Chief Executive Officer, Christos Megalou, participated in todays international meeting, declaring showing his support of the new Principles along with the CEOs of the 27 international banks.

The Principles are now entering a six-month global public consultation period before they will be signed by banks from around the world at the United Nations General Assembly in New York in September 2019.

The Principles will define the banking industrys role and responsibilities in shaping a sustainable future. By committing to the new framework, banks will be aligning their business with the objectives of the Sustainable Development Goals (SDGs) and the Paris Climate Agreement.

Satya Tripathi, Assistant Secretary-General, UN Environment said: The global banking industry is stepping up to the sustainability challenge. Im optimistic well see a realignment of business practice “ one that embraces the fact that green and socially responsible business is the best business.

Piraeus Bank Chief Executive Officer, Christos Megalou said: We endorse the Principles, because we believe that responsible relations with our customers, shareholders, employees and society at large give us a competitive advantage in building trust, supporting sustainable development and restarting the Greek economy. These Principles resonate with the values of Piraeus Bank and strengthen the organizations culture, founded on accountability, meritocracy and transparency.

George Papaioannou, Piraeus Bank
+30 210 3288830

Sofie Brewis, Powerscourt
+44 (0) 20 3328 9387

Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now


Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.