Sociedades cooperativas de banca alternativa
Keywords:
Alternative banking, Credit co-operatives, Financial intermediation, Flexibility, Supervision
Abstract
Currently in Spain we are witnessing an ethical reorientation of a part of the offer of financial services which gives priority to the social commitment without losing economic viability. This banking model known as alternative banking also known as ethical, social or sustainable banking is distinct from traditional banking.This work wishes to highlight the ideal conditions of cooperatives for the development of alternative banking. Its legal nature and its functional regulations enhance the social utility of the banking activity. The double condition of the partners eliminates intermediaries and allocates directly equity towards financing socially responsible projects, in a way that the financial economy and the real economy advance together.
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Published
2008-01-01
How to Cite
Cabaleiro Casal M. J. . y Rodríguez Parada S. M. . (2008). Sociedades cooperativas de banca alternativa. REVESCO. Revista de Estudios Cooperativos, 95, 44-64. https://revistas.ucm.es/index.php/REVE/article/view/REVE0808230044A
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In order to support the global exchange of knowledge, the journal Revesco. Revista de Estudios Cooperativos is allowing unrestricted access to its content as from its publication in this electronic edition, and as such it is an open-access journal. The originals published in this journal are the property of the Complutense University of Madrid and any reproduction thereof in full or in part must cite the source. All content is distributed under a Creative Commons Attribution 4.0 use and distribution licence (CC BY 4.0). This circumstance must be expressly stated in these terms where necessary. You can view the summary and the complete legal text of the licence.
