|
|
Last update : September 2008
Can money be managed so that it becomes meaningful? Yes, we in Ekobanken believe it can. We place money where it supports a healthy social and ecological development! All loans and credits to organizations and companies are published so that it is clear how the money has been spent. Publication can also give inspiration to people willing to take initiatives. In this way Ekobanken creates concrete purpose and context around money.
Background and goals
Ekobanken was founded in 1998, through a merger of a couple of savings associations with roots in the early 1980’s.Structure
Ekobanken is a members bank. The members choose a Board of Representatives
(delegates) each year at the Annual General Meeting This consists of
maximum 25 regular members and up to nine deputies. It is the task of the
group to elect the board members and to serve the members and the board by
giving advice and creating norms on questions of principle.
No one shareholder can vote for more than the equivalent of 10% of those
shares that are represented at the annual meeting.
Activities
Ekobanken works with private persons, organisations and companies. The bank offers a wide variety of accounts with different terms and conditions.
Ekobanken, according to the regulations, works in
particular with granting and negotiating credits that promote a healthy
development of free initiatives which are of benefit to the public.
Therefore, when granting loans to projects and organizations, besides the
customary investigation into credit rating, the bank carries out an
appraisal of the goals of the loans from ethical, social and environmental
aspects.
When you have an account in Ekobanken you can choose whether the money is
spread over the whole range of bank loans or whether it is used in one of
the areas below.
-
Ecology - Alternative energy, ecological and biodynamic food products and also ecological advice and research
-
Culture - Culture centre, cultural associations, adult education
-
Health Care - Alternative forms of treatment, care of the disabled
-
Children and young people - Pre-schools, independent schools special schools school ship
-
A Way Out - Activities to support people who want to change their lives
-
Fair trade - Production and trade with respect for human conditions
-
Sustainable development in Västra Götaland - An account for regional purposes that will support local development
Key figures
in thousands of EUR |
2007 | 2006 | 2005 | 2004 | 2003 |
| Deposits | 25 512 | 22 594 | 20 076 | 17 288 | 13 285.7 |
| Credits/loans | 24 515 | 20 781 | 16 092 | 14 635.1 | 13 893.1 |
| Total balance sheet | 30 867 | 27 677 | 24 865 | 21 443 | 17 808 |
| Net profit | 63 | 80 |
33 | 20.60 | 40.6 |
