2017 | 18 | 3 | 492-500
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This paper will examine so-called charity banking in terms of the idea, the current impact on the banking market and the social aspects for communities and depositors. The current state-of-art is presented and an attempt to assess whether “charity” & “social” are appropriate words to describe banking. The terms: social/charity banking, social money and social return are defined. Then there are examples of banking institutions engaged in a social/charity approach. In the last part authors triy to evaluate how much truth there is in the social/charity statements of such institutions.
  • Collegium of Management and Finance, Warsaw School of Economics, Poland
  • Faculty of Law and Social Sciences, University of Castilla-La Mancha, Toledo, Spain
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