Savers Move to Ethical Banking

October, 10 - 2008

Wow what a week on the stock market hey? It makes you wonder what to invest in now or whether anyone is ever going to have any money again to invest at all.

Which makes this story from Reuters via news.com.au quite timely. It talks about the success of Belgium’s ethical bank Triodos and its significant growth over the past month.

As the bank’s Director explains in the newsclip:

‘What we do is invest in the real economy. We finance ecological buildings. We finance windmills. We finance cultural programs. We do not invest in mortgage bonds wrapped in oblogation nor in purely virtual products.’

Fancy that. Investing in real things that can create a difference in the world. What will they think of next?

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