|
By Annemie ACHTEN Sandy EVERAERTS, Senior Consultants Initio
When are banks socially responsible?
A socially responsible and sustainable bank is aware of the impact of its activities on society and acts accordingly. The impact of the banks on the stability of the economy requires integrity and due diligence including:
- Managing activity-based risks and setting up mitigation actions;
- Promoting transparency towards customers and stakeholders about its operational management and the products offered;
- Acting as engine of the economy,...
|