A Better Way of Doing Business

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The New Economy

28 Mar, 2011, 14:14 BST

LONDON, March 28, 2011 /PRNewswire/ -- Sustainable finance is a type of investment that focuses on providing funding to ethical and community-level schemes. These schemes therefore provide small loans on favourable terms to a wide range of projects. As a result, a commitment to sustainable financing can result in large scale benefits to a locality, particularly in disadvantaged areas that exist out of reach of traditional models of financing.

More than just money, sustainable investment in a community has the effect of increasing the financial education of the recipients of loans.

The winners of The New Economy's Sustainable Finance Awards 2010 are institutions that have shown a significant dedication to offering finance that has a profound beneficial impact on communities and the environment. For their dedication to sustainable finance and the benefits it brings, The New Economy commends the following companies: 

    
    Best Sustainable Financial Institution Argentina
    Banco Galicia

    Best Sustainable Financial Institution Australia
    ANZ

    Best Sustainable Financial Institution Belgium
    KBC

    Best Sustainable Financial Institution Brazil
    Santander

    Best Sustainable Financial Institution Chile
    BCI

    Best Sustainable Financial Institution China
    Bank of Communications

    Best Sustainable Financial Institution Dominican Republic
    Banco BHD

    Best Sustainable Financial Institution Ecuador
    Banco Solidario

    Best Sustainable Financial Institution Egypt
    Banque Misr

    Best Sustainable Financial Institution France
    Dexia Asset Management

    Best Sustainable Financial Institution Greece
    Piraeus Bank

    Best Sustainable Financial Institution Italy
    Intesa Sanpaolo

    Best Sustainable Financial Institution India
    RBS India

    Best Sustainable Financial Institution Mexico
    Banco Compartamos, S.A.

    Best Sustainable Financial Institution Morocco
    BMCE Bank

    Best Sustainable Financial Institution Peru
    Mibanco

    Best Sustainable Financial Institution Portugal
    Caixa Geral de Depósitos, SA

    Best Sustainable Financial Institution Qatar
    Doha Bank

    Best Sustainable Financial Institution Russia
    Center-Invest Bank

    Best Sustainable Financial Institution South Africa
    Standard Bank

    Best Sustainable Financial Institution Spain
    Banesto

    Best Sustainable Financial Institution Sweden
    Nordea

    Best Sustainable Financial Institution Switzerland
    Bank Sarasin

    Best Sustainable Financial Institution Taiwan
    E.Sun FHC

    Best Sustainable Financial Institution Turkey
    TEB

    Best Sustainable Financial Institution Uruguay
    Banco de la República Oriental del Uruguay

    Best Sustainable Financial Institution USA
    New Resource Bank

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SOURCE The New Economy