Posts Tagged ‘Ethical Finance’
Anti-poverty banker to star in The Simpsons
The Bangladeshi anti-poverty banker Muhammad Yunus is to feature in an episode of hit TV cartoon The Simpsons.
Yunus, whose pioneering work on micro-finance earned him the Nobel Peace Prize in 2006, will appear in the TV show as a cartoon version of himself.
The episode will focus on his micro-credit work in Bangladesh, which has helped [...]
Is Islamic finance the solution to India’s poverty?
A former Supreme Court judge has launched a campaign to introduce Islamic banking and finance to India.
Justice Krishna Iyer said Islamic finance has the potential to offer sustainable growth while reducing inequality.
“Islamic finance has proven successful in poverty alleviation and promoting sustainable growth in many countries,” he said.
“It is very relevant in our country where [...]
Social enterprises avoid capital injections
A £3m fund designed to help social enterprises expand has closed after making only one investment in two years.
Triodos, the bank operating the fund, said most social enterprises are not yet ready for large capital injections.
“The recession is having an impact,” said Charles Middleton, Triodos UK managing direction.
“But our experience was mainly not finding the [...]
SKS Microfinance announces IPO
India’s first microfinance institution (MFI) to issue public shares has announced its initial public offering (IPO) will open on 28 July.
SKS Microfinance will announce the issue price on 26 July and is considering offering a discount to retail investors.
The company plans raise Rs. 1,500cr ($320 million) from the IPO with the shares sold making [...]
Triodos and Charity Bank on track for record lending
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending.
During the first six months of this year, Charity bank agreed £20.9 million of new loans. This is compared to a total of £22.9 million for the whole of 2009.
Figures from Triodos show new lending [...]