Banca popolare Etica is an Italian value-based credit cooperative. It was founded in 1999 by a big coalition of the major Italian social organizations aimed to create a bank where savers, driven by the common desire of a more transparent and responsible management of financial resources, may meet socio-economic initiatives, inspired by the values of sustainable social and human development. From 2014, Banca Etica merged with the Spanish credit cooperative FIARE and began operating in Spain with the opening of a branch in Bilbao. Banca Etica counts on almost 38 thousand members, mostly individuals, who bring 46 million in share capital to the bank.
Banca popolare Etica is one of the founder members of the European network FEBEA - European Federation of Ethical and Alternative Banks-, a non profit organisation incorporated under belgian law, created in Brussels in 2001 by Crédit Coopératif (France), Caisse Solidaire du Nord Pas-de-Calais (France), Crédal (Belgium), Hefboom (Belgium), Banca Etica (Italy), TISE (Poland) and La Nef (France).
Banca popolare Etica participates in other international networks of sustainable and alternative banks such as the Global Alliance for Banking on Values.
For more information about the Spanish manifestation (FIARE) or the European network (FEBEA): http://www.transitsocialinnovation.eu/resource-hub/credit-unions
Constitution of the credit cooperative Banca Popolare Etica which follows the principles of Ethical Finance.
Establishment of a new organizational structure within Banca Popolare Etica
Designing of the strategic plan to improve the external communications of Banca PopolareEtica
Election of the new president and the board of directors in the 2010 General Assembly of Banca PopolareEtica.
Banca Popolare Etica launches in 2012 the new institutional web with online banking services.
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