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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

    CHFEuros (approx.)
    Balance sheet total1 124 millions936 millions
    Balance sheet growth + 10,8 %
    Client assets1 039 millions865 millions
    Number of clients26'897
    Value of loans852 millions710 millions
    Number of creditors842
    Number of shareholders4'413
    Number of co-workers80
    Proportion of women in management positions46%

    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)
  • Headquarters

    Alternative Bank Schweiz
    Amthausquai 21
    Postfach
    4610 Olten
    Switzerland

    Phone +41 (0)62 206 16 16

    Recent annual reports in German

    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.