Ana Festas Henriques, Carlos Couto, Joana Pratas Luís and Mariana Vicente sign the insight "Ethical Banking: An Alternative for the Future?", published by WhatNext.Law.

In this insight, the VdA lawyers address the concept of ethical banking, "often associated with microcredit financial activities, typical of developing countries". Unlike traditional banks, ethical banks promote social inclusion, sustainable development, development of social economy and social entrepreneurship. The authors clarify that these institutions follow a set of differentiating principles, such as: real economy, transparency inclusion, long-term robustness and customer orientation.

This insight addresses the context of ethical banking in Portugal, the competitive advantages, and the inherent challenges.

• This article is available here.

See the 3rd edition of WhatNext.Law's compendium of insights here.