Date of Publication: January 01, 2011

Author: Olaf Weber

Summary:

Social Banking describes a way of value-driven banking that has a positive social and ecological impact at its heart, as well as its own economic sustainability. Although it has a long and successful history, it has arguably never been more topical than it is now in the aftermath of the latest financial crisis. Most Social Banks came out of this crisis not only unscathed but much stronger and bigger than they were before. And contrary to their conventional peers, none of the Social Banks had to be bailed out with public funds. This increasingly attracts the interest not only of clients searching for safe and sensible ways to deposit their funds but also of conventional banks that begin to understand the potential of a more socially oriented approach towards banking.

Link to Full Reading:

https://www.researchgate.net/profile/Olaf-Weber/publication/259908868_Social_Banking_and_the_Future_of_Sustainable_Finance/links/56eabec608aee3ae24a28858/Social-Banking-and-the-Future-of-Sustainable-Finance.pdf