The Emergence of Ethic Banks and Social Responsibility in Financing Local Development
The evaluation of the present offer of banking products and services in the developed countries as well in the emerging ones shows the extent to which they fulfill or not the principles specific to social responsibility and ethics in economics. Considering heightened competition, some institutions a...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2007-12-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/269.pdf
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| Summary: | The evaluation of the present offer of banking products and services in the developed
countries as well in the emerging ones shows the extent to which they fulfill or not the principles specific
to social responsibility and ethics in economics. Considering heightened competition, some institutions
adopt new strategies based on the creation of new concepts where human finality is to replace economical
finality. Thus, banking ethics and social responsibility are concepts which are found at the level of
credit cooperative and ethical banks. Oriented mainly towards rural financing and financing social
responsible projects, within the study, the two approaches complete and sustain each other. |
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| ISSN: | 1841-8678 1844-0029 |