Provides ethical banking focused on sustainability and social responsibility.
Total assets of approximately $2.407 billion available for financing projects.
**Summary of Alternative Bank Schweiz (ABS)** Alternative Bank Schweiz (ABS) is a Swiss ethical bank focused on sustainability and social responsibility. It provides retail banking and SME services with a strong emphasis on ecological and social values. **Focus Areas:** - Ecological housing - Organic agriculture - Renewable energy - Small and medium-sized enterprises (SMEs) - Microfinancing through partnerships like Oikocredit. **Financial Resources:** - Total assets: approximately $2.407 billion (as of 2018). - Serves over 43,000 customers (as of 2021). **Financing Criteria:** - Exclusion of companies involved in weapons production, fossil fuels, and human rights violations. - Ethical policy ensures that all investments are managed in-house and adhere to strict exclusion criteria. **Recent Projects:** - Specific project details are not publicly disclosed, but ABS supports various initiatives in sustainable development, including loans for ecological housing and renewable energy projects. **Additional Information:** - ABS is a member of the Global Alliance for Banking on Values, promoting ethical banking practices globally. - It offers transparent and ethical banking services, including investment advice on sustainable products. ABS is committed to making a positive impact on the world through its banking practices, making it a unique and sustainable banking option in Switzerland.