Tony Greenham from New Economics Foundation will discuss the case of local stakeholder banks.
Local stakeholder banks that collaborate in networks are surprisingly common in other countries, but non-existent in the UK. From Canadian credit unions, to US Community Development Finance Institutions and European co-operative and public savings banks, these banks exist explicitly to create both financial and social value. They are committed to the economy of the specific areas they serve.
What can social enterprise learn from this model? If we had a German-style public savings bank for Plymouth, what would it look like, and what would be the benefits?
This is one of a series of Future Business events designed to get us all thinking about social entrepreneurship and inspire conversation, reflection and action.
The event is delivered by Plymouth Social Enterprise Network in partnership with Plymouth University's Futures Entrepreneurship Centre and Plymouth City Council.