The concept of company’s value is in the focus of modern business literature. However, the interpretation of the notion differs widely depending on the research directions. The object of the given research is a concept of bank value. Banks are the most important category of financial institutions in the new Member States (NMS) of the European Union. Considering that value maximization should be an objective function of any company, it is extremely important to clarify the term “bank value” and to determine its key components. The research is a sequel to the earlier authors’ conducted research. The qualitative analysis of the terms Bank and Company's Value was made, using the program AQUAD as a software tool. The empirical results allowed constructing the structural model of the concept of Bank Value. The scientific goals of the research are determined, as follows: 1. To verify the validity of the developed structural model of the concept of bank value; 2. To study the concept of bank value within the framework of the concept of sustainable development. The validation of the developed model was made through the discussion with the experts in the field. The academic staff with finance-related specialization from European universities was surveyed, using the mail questionnaire method. To find the linkages between the concepts of bank value and sustainable development and the possibilities to merge them into one integral model the authors analyzed the banking industry’s approach to sustainable development. The analysis of relevant scientific literature and banks’ reports on corporate responsibility was made to understand the role of modern banking in relation to the public interests. The empirical results of the research are reflected in the advanced conceptual model of bank value. The model combines the ideas proponed by relationship value management, agency theory, shareholder and stakeholder models, and concept of sustainable development.