Clann Credo is delighted to announce that it has joined the Institute of Social Banking (ISB), an international charitable association of socially and ecologically focused banks and financial institutions.
The ISB promotes a concept of finance and banking that specifically orients itself towards a perception of and responsibility for the development of both people and planet.
“Social Banking“ describes the provision of banking and financial services that consequently pursue, as their main objective, a positive contribution to the potential of all human beings to develop, today and in the future.
In Social Banking, the focus is on satisfying existing needs in the real economy and the society whilst simultaneously taking into account their social, cultural, ecological and economic sustainability. Furthering the common good by generating multiple returns with respect to these aspects is at its core. Generating a monetary profit is not an end but a frequent prerequisite to guaranteeing the necessary flexibility for pursuing its objective in a continuously changing environment.
The Institute for Social Banking promotes a concept of finance and banking that specifically orients itself towards a perception of and responsibility for the development of both people and planet.