Objective Quote by Lewis Thompson Preston
“Alleviating poverty would be the Bank's overarching objective.”
About This Quote
Source Speech: Bank of America Annual Meeting, 1998
The bank's primary mission is to reduce poverty, aligning profit with social impact.
In simple terms: Bank aims to fight poverty.
Key Takeaway
Align business goals with social good.
Themes
finance
social responsibility
poverty alleviation
Mood
hopeful
determined
Type
philosophical
inspirational
When to use this quote
- banking
- policy making
- NGO partnerships
Key Concepts
economics
ethics
corporate strategy
Questions to Reflect On
- How can banks measure poverty impact?
- What incentives drive socially responsible banking?
A Different Perspective
Balancing profit and social goals is complex.
