مجلة الاقتصاد و التنمية البشرية
Volume 12, Numéro 1, Pages 201-215
2021-07-04

The Resurgence Of Social Banks After The Late World Financial Crisis

Authors : Ben Chikh Lehocine Ahmed . Mansouri Abdallah .

Abstract

The late world financial crisis has revealed the flaws of the mainstream banking system, and prooved that social banks may be able to provide an adequate solution. This paper attempts to renew the debate on the resurgence of social banks. Our findings show a clear positive trend of social banking is apparent and it’s based on transparency, trust and responsibility to achieve corporate banking social responsibility. Future research is important in order to further the concept of social banking and restore the ethical campus in finance to eradicate social inequality and prevent future crisis.

Keywords

social banks ; mainstream banking ; financial crisis ; social inequality