Abstract
‘The way this small cooperative bank does banking should also be possible for other financial institutions,’ the newspaper Süddeutsche Zeitung demanded in August 2008. The Ruhr Nachrichten newspaper noted: ‘GLS Bank is growing and growing and growing.’ Whereas all signals in the financial markets from autumn 2008 onwards at the latest were set to insecurity and crisis, customer demand at GLS Bank in Germany rose by leaps and bounds. If in the equivalent period of the previous year the financial institution processed 2500 calls per week, that number rose to 5000–6000 after the start of the crisis.
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© 2012 Eva Schneeweiss
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Schneeweiss, E. (2012). GLS Bank: Successfully Sustainable. In: Spitzeck, H., Pirson, M., Dierksmeier, C. (eds) Banking with Integrity. Humanism in Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230346499_8
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DOI: https://doi.org/10.1057/9780230346499_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33114-7
Online ISBN: 978-0-230-34649-9
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