Operates as a cooperative bank focusing on ethical finance.
The bank funds projects through member savings and ethical certificates, with no specified amount.
**Summary of Fiare Banca Etica:** Fiare Banca Etica is a cooperative bank operating in Spain and Italy, committed to ethical finance principles. It was established through the collaboration of individuals and organizations aiming to create a credit institution based on transparency, participation, sobriety, efficiency, and attention to non-economic consequences of economic actions. **Focus Areas:** - Welfare and social economy - Environmental protection - Innovation - International cooperation - Culture **Financial Resources:** - Accumulated savings from its members - Ethical certificates of deposit and bonds **Project Financing:** - The bank does not specify a typical project financing amount, but it emphasizes funding projects that align with its ethical principles. **Criteria for Funding:** - Enterprises must demonstrate economic reliability and social utility. - Projects are assessed for their impact on human health, public welfare, and the environment. - Enterprises must adhere to minimum ethical criteria and not engage in activities opposed to the bank's scopes. **Recent Projects:** - Specific recent projects are not detailed in the provided sources, but the bank publishes all its loans on its website, ensuring transparency. - The bank has initiated community projects, such as "Jovenes X Fiare Banca Etica," to encourage active participation, especially among the youth. Fiare Banca Etica is part of a broader ethical banking movement, aiming to foster social and environmental responsibility through its financial activities.