Social Banks and the Future of Sustainable Finance

by Weber; Olaf

• ISBN13: 9780415583299
• ISBN10: 0415583292
• Edition: 1st
• Format: Hardcover
• Copyright: 2011-04-07
• Publisher: Routledge

Summary

The book describes and explains the history, the current state and the development of social and sustainable banking, covering a range of topics featuring case studies of different social banks worldwide.

Table of Contents

List of figures	p. xii
List of tables	p. xiii
List of boxes	p. xiv
Notes on contributors	p. xv
Preface	p. xvi
Acknowledgements	p. xviii
Social banking: introduction	p. 1
What is social banking?	p. 1
References	p. 14
Social banking: a brief history	p. 15
Introduction	p. 15
The remote historical reality: the construction of the first banks in the Middle Ages	p. 15
The historical reality of social banks in the eighteenth, nineteenth and twentieth centuries	p. 21
Contemporary historical reality of social banks: ethical banks and microcredit	p. 29
The current state of the art of banks of ethical and social finance in Europe and the world	p. 44
Conclusion	p. 46
References	p. 47
Why do we need social banking?	p. 48
Introduction: stylized facts	p. 48
Goals of social banking	p. 52
Challenges of social banking	p. 54
Microfinance as a successful form of social banking	p. 55
Social banking and the crucial role of responsible citizens	p. 60
The role of social banks towards a model of 'integrated general economic equilibrium'	p. 62
The role of the government	p. 65
Conclusions	p. 67
References	p. 68
Inside social banks	p. 71
Introduction	p. 71
The dual approach of ethics and profitability	p. 71
Managing a social bank as a business enterprise	p. 73
Elements of managing a social bank	p. 74
Human resource management in social banking	p. 84
Compensation and profit sharing in social banking: an attempt to square the circle?	p. 92
The customer as partner	p. 94
References	p. 95
Products and services	p. 96
Introduction	p. 96
Sustainable credit management, sustainable loans and mortgages	p. 97
Socially responsible investment	p. 104
Carbon finance	p. 108
Sustainability savings accounts and certificates of deposits	p. 112
Microfinance	p. 113
Project finance	p. 118
Summary and conclusion: products and services	p. 120
References	p. 121
Financing change through giving and donations: an integral part of social banking	p. 123
Introduction	p. 123
Giving and gift economies	p. 124
Giving blood	p. 125
Matriarchal gift economy	p. 125
Rudolf Steiner: giving as a crucial part of the economy	p. 126
Conclusion	p. 128
A new attitude towards money: the case of GLS Treuhand - giving as part of holistic banking	p. 128
A note on communicating with customers about giving	p. 133
Summary and conclusion	p. 134
References	p. 134
Social banking at the crossroads	p. 136
Introduction	p. 136
Objectives and achievements of social banks to date	p. 137
Analysis of specific possibilities for social banks	p. 151
Summary, conclusion and outlook	p. 183
References	p. 193
The future of social banking	p. 196
Introduction	p. 196
The size of social banks	p. 196
Future social banking products and services	p. 197
Future strategies targeting new clients	p. 201
The measurement of the impact of social banking	p. 203
Lowering transaction costs	p. 204
Human resources management	p. 205
Communicating the interaction between social support and financial returns	p. 208
The growth of social banks: increasing the impact without diluting ethics	p. 209
Conclusion	p. 210
References	p. 211
Notes	p. 212
Index	p. 224
Table of Contents provided by Ingram. All Rights Reserved.