Sustainability, Markets and BankingProducts
Sustainable development has an important strategic dimension for banks. The threats and opportunities for banks that arise out of the society's drive towards sustainable development can be divided into several categories by a range of criteria, from risk reduction to profit generation, and from purely business reasons to ideological reasons.
Firstly, new (product) markets develop, such as the market for various financial products on the liabilities side of banking aimed at the upcoming group of savers and investors who expressly choose to use their abundant financial resources to social or environmental ends. Banks can introduce specific products to meet this need, such as payment, ...