Banks have a bigger role to play beyond extending finance - The Mail & Guardian

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Banks can step up and fully leverage their position as key societal leaders and influencers for sustainable development investments. Nedbank talks to mailandguardian on their role beyond traditional financing to sustainable development. READ:

Does climate change have an impact on the economy? Are there challenges and opportunities that now exist within sustainable finance? Importantly, do banks have a role to play in financing sustainable developments?

The nature of banking means that participants in the industry touch virtually every aspect of society, including individuals, businesses and larger organisations in both the public and private sectors. Banks can therefore be regarded as investors in the real economy and have the opportunity to utilise the levers at their disposal to lead impact and change in society.

This communication and education imperative applies as much to each bank’s internal stakeholders as it does to their external ones. It’s one thing to tell people that they can change the world for good; but it’s another, more impactful scenario entirely to be able to show, practically, what that change looks like.

 

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Nedbank Nedbank had a lot of influence on Regiments Capital.

Nedbank If they could just provide minimally competent service so as not to waste everyone's time that would contribute more to South Africa than this waffle. And stop insisting everyone email ID documents thus exposing us all to cybercrime. Justdoyourjobs

Nedbank Is this the Nedbank that had a dodgy relationship with financial services firm Regiments Capital, a key enabler of State Capture? Not what I would call societal good.

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