What is Social Banking?

It is the view of the INAISE Banking Group, as expressed in its 13.10.2011 meeting, that social banking is best defined along the following 4 criteria presented by Lars Pehrson in Addis Ababa:  

• A social bank is a classical banking institution combined with a vision of a sustainable society.
• A social bank is exclusively linked to the real economy (no speculation).
• A social Bank maximizes sustainability and societal impact, (no profit maximization; the banks are profitable at a fair and stable level).
• A Social Bank is transparent, including in publishing its loan book.

  For further information, please see the Presentation given by Lars Pehrson in Addis Ababa.