Do you know what your bank does with your money?

A study by Tridos Bank has revealed that 85% of UK savers want more information on what banks actually do with their money – indeed 25% of savers have never received any information from their bank about how their money is being used.  74% of savers said that banks should do more to proactively help society, while 54% said they would consider changing providers if they found their savings were being invested in industries such as tobacco or weapons production.

 

Source:  Credit Action October 2011 edition

 

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