Alternative Bank Schweiz

Alternative Bank Schweiz

Button
AI enriched?
EHC: Comments

EHC: when?
People
Budget

ABS has over CHF 1.5 billion in total balance sheet resources for financing projects.

EHC fit

Alternative Bank Schweiz (ABS) is a Swiss bank that prioritizes ecological and social values over profit maximization. Given its focus on sustainability and ethical banking, ABS could potentially support the development of the European Housing Cooperative (EHC) in various financial and non-financial ways. ABS's investment strategy aligns with the EHC's mission to provide affordable and sustainable housing. The bank excludes investments in sectors that do not respect human rights or contribute to environmental degradation, and instead promotes green housing and circular economy projects. ABS could offer financing options tailored to the EHC's needs, such as loans or investment advice for sustainable housing projects. Past projects funded by ABS include initiatives in renewable energy, organic farming, and social housing. For example, ABS has supported Swiss housing cooperatives like the Allgemeine Baugenossenschaft Zürich (ABZ), which builds and maintains affordable housing in Zurich. ABS's experience in financing cooperative housing projects makes it a suitable partner for the EHC. The bank's commitment to transparency and ethical banking practices also aligns with the EHC's cooperative principles. By partnering with ABS, the EHC could access financial resources and expertise to support its mission to provide affordable and sustainable housing across Europe.

Last edited
Oct 16, 2024 6:36 PM