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On The Interest Of Banks In The Market Of Socially Responsible Investments

Author

Listed:
  • Emilia Kirina

    (Varna University of Economics)

Abstract

In the article there are discussed controversial questions with respect to the market of socially responsible investments. Following a study of the trends on the market, there can be drawn the conclusion that there is considerable increase in the assets invested in socially responsible strategies, as in 2010 those reached $ 3.07 trlnin the USA and € 5 trln in Europe. Banks enter this market by offering responsible products (project funding, ethical investment funds, etc.) to their corporate and wea lthy customers, as this type of banking transactions are gradually turning into a full - scale strategy for corporate social responsibility of the banks.

Suggested Citation

  • Emilia Kirina, 2011. "On The Interest Of Banks In The Market Of Socially Responsible Investments," Business & Management Compass, University of Economics Varna, issue 4, pages 64-78.
    • Handle: RePEc:vrn:journl:y:2011:i:4:p:64-78
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    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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