SVB Financial provides diversified financial services to emerging and established technology companies and the life science, cleantech, venture capital, private equity, and premium wine markets. The bank operates through three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. Headquartered in California, SVB has 26 domestic offices along with subsidiaries in the United Kingdom, Israel, India, and China.
SVB Financial takes seriously its commitment to conduct business in an ethical and responsible manner. For more than 30 years, the bank has been financing clean energy and sustainable technology solutions for its clients. SVB uses this experience to provide innovative companies with project financing services that help them meet their short and long-term strategic goals. In addition to providing funding solutions to businesses, the bank offers community development services through projects that seek to stabilize neighborhoods and revitalize communities. As part of the Community Reinvestment Act program, SVB extends its business lines of credit to traditionally underserved markets and funds community development organizations. Additionally, SVB’s Community Development Finance Practice is dedicated to providing Bay Area housing developers with financing for single and multifamily affordable housing projects. The bank also runs the SVB Foundation, which makes donations to community organizations where employees volunteer or serve in leadership positions. SVB has broad-based professional development and training opportunities for its employees.
SVB Financial lacks comprehensive policies or procedures to address environmental risks through its lending activities. Additionally, the bank does not release a corporate social responsibility report or track its key performance indicators.
Country: United States
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.