Friday, 27 November 2009

Ethical banking

Banks are in business to make profits. One way they do this is by lending your money to someone else at a higher rate of interest, but they rarely disclose who they lend it to. Worse still, the credit crunch exposed the shocking truth that many banks were themselves unsure of who they had lent money to leading to an almost total collapse of the banking system!

If you are concerned about your money being invested in unethical businesses and corrupt regimes then why not switch to an ethical bank? Ethical banking helps to create a society that promotes people’s quality of life and that has human dignity at its core enabling individuals to use money more consciously in ways that benefit people and the environment, and promote sustainable development.

"I am still looking for the modern equivalent of those Quakers who ran successful businesses and made money because they offered honest products and treated their people decently . . . This business creed, sadly, seems long forgotten." — Anita Roddick

Ethical banking

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