Local Banking
Banking for the Common Good: Laying the foundations of safe, sustainable, stakeholder banking in Scotland
Author / Creator: Gemma Bone
Media type: Policy Paper
Date published:
Not-for-profit “People’s Banks” should be established in Scotland’s regions to offer banking services to local people and business. These would be part of a “People’s Banking Network” A “Scottish National Investment Bank” would help establish these institutions by offering seed funding and structural support.