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The Alternative Bank Schweiz - a brief outline

Mission Statement
Alternative Bank Schweiz is today's bank for a better tomorrow. It is a bank for clients who like to know what is happening with their money. Alternative Bank Schweiz publishes all the loans it grants, showing the name, purpose and amount. Thus its clients know what their money achieves – even what good it does! In fact Alternative Bank Schweiz invests in, and finances, sustainable projects and businesses. It does not insist on maximizing profit. Instead, it places a rational emphasis on sustainability and ethical principles.
Key financial data at 31 December 2011
CHF Euros (approx.) Balance sheet total 1 124 millions 936 millions Balance sheet growth + 10,8 % Client assets 1 039 millions 865 millions Number of clients 26'897 Value of loans 852 millions 710 millions Number of creditors 842 Number of shareholders 4'413 Number of co-workers 80 Proportion of women in management positions 46% Policy guidelines
- Observing ethical principles takes precedence over maximizing profits.
- Banking activities are based on transparency and all approved loans are published.
- Tax evasion is expressly excluded at the start of any business relationship.
- Loans are granted to support ecological and social projects.
- Solidarity is encouraged between depositors and borrowers: it enables loans to be granted at reduced rates of interest.
- Internal operations are largely democratic.
- Clients and the public are informed about the role and effect of money in our society.
- Ensuring equality of opportunity for both sexes is part of the bank’s strategy.
Banking activities
- A savings and loan bank.
- A range of traditional accounts and basic services for making payments.
- Issuing loans, principally in the areas of the social or ecological housing (ABS Property Rating), organic agriculture, renewable energies, small and medium-size companies, etc.
- Investment advice and sale of a selection of sustainable investment funds
Offices
- Olten (headquarters), Lausanne (for French-speaking Switzerland), Zurich (advisory center) and Geneva (information office)
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Headquarters
Alternative Bank Schweiz
Amthausquai 21
Postfach
4610 Olten
SwitzerlandPhone +41 (0)62 206 16 16
Recent annual reports in German
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- Geschäftsbericht 2011 (pdf)
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- Geschäftsbericht 2010 (pdf)
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- Geschäftsbericht 2009 (pdf)
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- Geschäftsbericht 2008 (pdf)
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- Geschäftsbericht 2007 (pdf)
The ABS is member of:
Please be aware …
… that the ABS is only operating in Switzerland. We only open accounts if you live in Switzerland.
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