David Korslund: GABV on Bankers Who Do Good, Be Good and Thence Feel Good

BANKING WITH A CONSCIENCE

David Korslund: GABV on Bankers Who Do Good, Be Good and Thence Feel Good

There is more to banking than dishing out loans and calling in collaterals, David Korslund of the Global Alliance for Banking On Values (GABV) tells AWANI Review Editor Razak Chik that the pursuit to amass money needs to follow tight tenets of transparency for the sake of decency.

Banking can be a cut-throat business that values bottomline, pursues returns and ultimately parade profits as their raison d’etre. But now, the emphasis on ethics and `doing good’ is becoming an increasingly important component in the banking industry as purely monetary pursuits are being tempered with the need to `be good, do good in order to feel good’. On that score, local banking is making the move to embrace the tenets of Banking on Values beginning with Bank Muamalat, which...

SUBSCRIBE NOW FOR UNLIMITED ACCESS
Existing subscribers click on Sign In