Support the Better Banking campaign

6th January 2010

bassac is supporting the Better Banking campaign, calling on the government to intervene to ensure that fair and affordable finance is available to the least well off communities, and the organisations that support them.

We believe it’s time the banking system gave something back to society. If the banks invested just a fraction of their profits into the community it could transform some of our most deprived areas. And with the banking bail-out resulting in huge cuts to third sector funding, this investment is needed now more than ever.

The Better Banking campaign is calling for:

  • full financial disclosure by banks
  •  a cap on unfair credit rates for those who cannot afford them, and
  • obligations on banks to demonstrate that they provide fair access to credit and reinvest a proportion of future profits to support activity of public benefit.

The better banking campaign is hosted by ACEVO and key stakeholders include basac, Urban Forum, and the DTA. We encourage you to support the Better Banking campaign. You can do this by giving ACEVO permission to list you as an official supporter and use your logo, or by offering a financial contribution. Please visit the Better Banking campaign website www.betterbanking.org.uk for more information.