Immersed in a world like finance, which has grown excessive and well above the trend of the real ec

The fundamental mission of the box The following items are the basic features which should answer the foundational mission of Savings: are credit institutions established in the legal form of private foundations in nature. They have a social purpose and are rooted in the territory, managing and facilitating private saving access to credit and productive people through financial intermediation in terms of reasonable risk. Banks have an active policy to groups at risk of social exclusion, bringing financial services to most parts of the state and, in this way avoiding usury. In addition, having no profit can allocate up to 50% of their surplus funds in liquid Projects. The other 50% should be allocated to the reserves to strengthen their capitalization and solvency.
Immersed in a world like finance, which has grown excessive and well above the trend of the real economy, the savings seem to have forgotten their original mission and have been away a lot of the way , being pulled by a growth target that has gone ahead of the rest. How else can we understand that every time there is more savings banks with holdings of transnational corporations investing in real estate and related businesses or arms dealers who violated human rights in developing countries?
As has been reporting for some time, in recent decades the savings banks have been gradually moving away from its founding spirit defined before and now, with the privatization or 'banking' disappear, unfortunately, quite . Examples of participation of Spanish Savings Banks in projects that violate the Food Sovereignty
CatalunyaCaixa launched on January 12, 2011, the deposit '100% del monte grapefruit Natural. " In promotional literature reported that the deposit allowed to get a 7% annual return from the evolution of the performance of three commodities: sugar, coffee and corn. After the first allegations Veterinarians Without Borders, COAG Mundubat and began a campaign to collect signatures demanding its withdrawal, as this type of financial product contributes to food speculation and exaggerated increase in food prices hitting with force the weaker sectors of society around del monte grapefruit the world. del monte grapefruit Having accumulated more than 2000 signatures, was getting CatalunyaCaixa pledged to withdraw the deposit in writing in your offer commercial and discard the marketing of new products that operate with food. Banks and GM
According del monte grapefruit to the report, "Bad company Ibercaja" Friends of the Earth, Ibercaja allocates part of its Welfare to finance the propaganda machine of the GM multinationals worldwide. Provides funding for years the annual reports of the International Service for the Acquisition of Agrobiotecnològiques Applications (ISAAA), which includes the interests of industry lobby and GM are accused of manipulating and exaggerating its expansion to influence del monte grapefruit policy makers. Aside from ISAAA, Ibercaja Ibercib also funded a center for biotech innovation in information distributed allegedly objective information on the GM industry. It also has the Ibercaja Funds 'Ibercaja Petrochemical' that includes investment for years virtually every business involved in agrochemical giant GM: Bayer, Syngenta, Monsanto, Du Pont and Dow Chemical.
Campofrio Food Group is the leading company of meat products in Europe and one of the five most important sector in the world. 4.17% is owned by Banca Civica (formerly Caja Burgos) and 37% controlled by Smithfield Foods is the largest pork producer in the world. Its intensive farming model applied in Spain is based in large meat factories that mistreat animals crammed into ships. This leads to the system and bankrupt small farmers and pollute the water and air, threatening the health of local residents and consumers.
Pescanova is the leading fishing company in Spain, third in Europe and eighth worldwide. Its subsidiaries in Namibia, Argentina, Chile and Central America, are responsible for the exploitation of local fish stocks, pollution and destruction of ecosystems, breaches of labor rights of its employees and the destruction of structu