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A possibility to open a BancaEtica in Greece

16 January 2010 / 13:01:52  GRReporter
4081 reads

-   The existence of places known like “economic heaven” to be banned, because there money are being laundered and there is no transparency


-   To achieve maximum transparency for the clients of the banks as well as for the investors in order for them to be aware of what is going on with their money

- To be imposed the Tobin tax, according to which the banks take 1 euro for each 100 euro deal with the purpose of restricting the international speculation.

- The taxes on all commodities, which cause pollution of the environment to be increased

- Regulations concerning the salaries for the banks managers to be adopted

Mr. Salviato shared that the salary of the director of BancaEtica could exceed maximum five times the lowest salary. An interesting fact about the activity of BancaEtica is that it has invested in the creation of four cooperative associations for the production of oil, wine and cheese and it deals with financing wild business plans of young people giving them the opportunity to make their dreams come true.

 To the question of Mr. Kuloglu to list five things that makes BancaEtica different than the other banks Mr. Salviato shared:

- This is the only bank on which website you could see all of its operations because this is the important principle of transparency

- It is the only bank in the world which does not want 30% guarantee.

- The 70 groups by locations meets with the board of directors of the bank each year in order to discuss the projects which they are planning for the next year.

- When granting a credit it follows two procedures. One is typical procedure for every bank. The other is to give the client a questionnaire according to which it becomes informed about his social environment and only if he has a positive profile according to the questionnaire we grant the credit.

- It is the only bank which applies an interest of 2% for the entire Italy. The rest of the banks increase the interests with 2% - 3% for the southern provinces of the country

Tags: Economy Banca Etica
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