Ethical Banking

1. Ethical Banking
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2. Topics
 Short history
 Definition of ethical banking
 Main characteristics
 Ethical Banking and profits
 Ethical banking v.s. traditional banking
 Triodos bank example
 Ethical banking in Lithuania
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3. Definition
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4. An ethical bank, also known as a
social, alternative, civic, or
sustainable bank, is a bank
concerned with the social and
environmental impacts of its
investments and loans.
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5. Main Characteristics
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6. • Community involvement
• Sustainable practices
• Client screenings
• Consistent internal and external ethics
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7. Ethical Banking and Profits
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8. It is also important to remember that just
because a bank is ethical doesn't mean it
should not keep an eye on it's bottom line:
good intentions and humanitarian efforts
don't protect banks from financial
weaknesses and economic downturns.
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9. Ethical Banking v.s. Traditional
Banking
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10. What distinguishes an ethical bank from an
ordinary bank?
 Role of the bank (common good)
 Origin of money (savings of customers created through
activities in real economy)
 Destination of money (positive impact at a social,
environmental and economical level)
 Criteria and values for the use of money (the investments of
an ethical bank are managed transparently)
 Conditions for bank management (an ethical bank puts credit
at the service of people and the exclusive research for profit is
not its objective.)
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11. Triodos Bank Example
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12. www.ecorl.it/en
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13. Ethical Banking in Lithuania
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14. The definition itself is not well known
No tradition
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15. www.ecorl.it/en
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