Socially irresponsible programmes of transnational banks

Other Names:
Unsustainable use of transnational capital

Lending across borders to borrowers abroad is now big business for many transnational banks. Although transnational banks are increasingly engaged in socially responsible programmes in their home countries, they have not yet adequately extended similar programmes to the new market, although there are some examples (very few in number) in which transnational banks have extended this line of activity abroad. To the extent that the international market offers fewer opportunities for growth than in the early 1970s, many transnational banks recognize the importance of developing countries as a market.

CEE Bankwatch Network
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal
Problem Type:
E: Emanations of other problems
Date of last update
04.10.2020 – 22:48 CEST