Credit cooperatives and social banking: old and new ethical and solidarity responses to usual problems

Abstract

Between the credit cooperatives origin and new social banking have passed by a century, in which banking systems have going through an extraordinary change. Despite their differences, both kinds of companies come up by similar reasons: Financial exclusion of vulnerable collectives and need of ethical, responsible and solidary responses. These needs have gain prominence in the present social and financial-economic crisis, in which a basic values deterioration and accordingly a growing essential values deterioration. In this situation increase the social banking and cooperative credit role. These tools have been less affected by loos of reputation because of their especial features and breaking through as new credit ways