15.12.2005
Banking and ethics
Growth targets and fierce competition does not leave much space for philantropic ideas in the financial world. So it seems. The Swiss financial magazine "Schweizer Bank" has taken a closer look.
Author Silvia Jelenz recently presented the story of Bank2. Bank2 is domiciled in the American State of Oklahoma and targets its services since 2002 to the local native American population. The state of Oklahoma is the American state with the greatest number of native American tribes. Bank2 has specialized in the allocation of mortgages.
"In the past, Americans became wealthy through their property. Property gave them the means to finance their own business, education for their children or their pension funds (...). The greatest problem among the native American population is the lack of home owners. Only one third of American natives own property compared to the average of 70% of the entire American population,"
says Ross Hill, President and CEO of Bank2.
More information can be found on www.bank2.biz
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