Luxemburg, Grand Duchy of Luxemburg
The European Investment Fund is the European Union's institution specialized in small and medium-sized enterprise risk financing. The EIF central mission is to support Europe’s small and medium-sized enterprises by helping them to access finance. The EIF designs and develops equity and guarantee instruments which specifically target this market segment. In this role, the EIF fosters EU objectives in support of innovation, research and regional development, entrepreneurship, growth, and employment.
La Valetta, Malta
APS Bank is an institution wholly owned by the Catholic Church in Malta. Over the years the Bank has sought to identify sectors in which it can contribute to their development. Areas like housing, agriculture, heritage, education, have all been strongly assisted by the Bank. The APS Bank is specialized in retail and community banking.
CULTURA Bank is a fully licensed savings bank incorporated in 1996.
The by-laws of CULTURA state that the bank’s purpose is to finance projects that represent a value beyond the pure economic returns, such as ecological balance, social conditions and cultural diversity. The embryo of CULTURA Bank was a credit union, founded in 1984. Following a long process, the banking licence was granted in August 1996. (Member of FEBEA).
The Cooperative Federation from the Trentino region in Northern Italy was created in 1881 and counts today more than 200,000 members among the half a million inhabitants of the region. It is a network of cooperatives, which includes credit, agricultural, retail and labour, social services and building co-operatives which employ in total over 13,000 people. The Federation is partner of the project through several member organisations (i.e. the insurance company ITAS VITA). (The central institution of the Federazione Trentina is member of FEBEA).
Banca Etica is the first institution of ethical finance in Italy. It is the result of collaboration of 21 non-profit organizations which established a Cooperative in 1995 in order to raise € 6.5 million to launch a genuine “Banca Popolare”. Today, the goal is to promote socio-economic initiatives based on the principles of a model of human development and social sustainability, where production of wealth and its distribution are based on values of solidarity and responsibility toward civil society. (Member of FEBEA).
Sberbank, formerly known as Volksbanken International, is closely linked to the communities and national economies where it operates. Corporate Social Responsibility is deeply anchored in the corporate philosophy. Sberbank Europa therefore constantly supports social projects with a focus on Central and Eastern Europe, international understanding, minorities, and education.
The Up group, creator of the Chèque Déjeuner® and the world number 3 in prepaid vouchers and cards, is unique in terms of its cooperative structure and organisational set-up. This uniqueness shapes the way they operate: their model is based on social responsibility and their preoccupations centre on organisational efficiency and individual quality of life.
For 25 years Ecofi Investissements has been particularly dedicated to the values of social economy and solidarity-based activities.
True to the founding ethics that the group to which it belongs - Crédit Coopératif –retains, together with those of its clients and partners, the firm was a pioneer when launching the first revenue-sharing fund in Europe in 1983 and since then has acquired real expertise in ethical and solidarity-related investing. As the in-house investment manager of Crédit Coopératif, Ecofi Investissements runs close to €9 billion of assets under management with a staff of over sixty professionals.
It is the main objective of Merkur to give and facilitate financial advice and financing to profit making and not-for-profit projects. This involves not just an economic evaluation but also ethical, environmental and social assessments.