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Poll Shows Bankers Support For Charity

An recent poll done by EUBankers indicates that respondent-readers are generally satisfied at the level of support and commitment that their respective financial organizations give to charity work.

 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Oct 31, 2007 – The poll, which ran in the EUBankers showed that 43% of respondents believe that their organizations are committed to corporate responsibility.

The result shows that readers see their firms as putting a fair amount of their resources to philanthropic activities.

Over the years, European banks and financial organizations have recognized the importance of corporate social responsibility as they strive to become good corporate citizens. Recognizing that their business have profound impact on their surroundings, these organizations get involved in causes outside the financial sector including environmental protection, poverty alleviation, education, human rights, among others.

Trevor Robers, EUBankers publisher said: “The poll results sends a positive signal on how much financial organizations in Europe value corporate responsibility. Financial organizations have realized that it is through enriching communities that they can guarantee sustainability and profitability for their businesses.”

The poll, however, also shows that one-third (33%) of the respondents think that their respective firms are not putting enough commitment toward CSR and charity work. Fourteen percent (14%) responded that they think their organizations are “going in the right direction” when it comes to corporate responsibility.

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The European Banking News Network is to provide our subscribers with useful, accurate, relevant, timely news, strategic analysis and business critical information on all issues taking place within the EU financial services

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Issued By:The EU Banking News Network
Website:http://www.eubankers.net
Email:Click to contact author
Phone:+44 (20) 7871 2503
Address:Tower Street
:Ramsey
City/Town:Ramsey
State/Province:Isle of Man
Zip:IM99 4JB
Country:United Kingdom
Categories:Banking, Finance
Tags:wealth management, private bank, bank research, Charity, Charities, privae client, asset managers

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