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Encyclopedia > Triodos Bank
Triodos Bank N.V.
Image:triodos_logo.gif
Type Public, not listed
Founded 1980
Headquarters Zeist, the Netherlands
Key people Peter Blom, CEO
Industry Financial services
Products Sustainable banking
Revenue --
Employees 264 (2004)
Website www.triodos.com

Triodos Bank N.V. is a bank based in the Netherlands with branches in Belgium, the United Kingdom and Spain. It is a pioneer in ethical banking. Triodos Bank finances companies which they think add cultural value and benefit both people and the environment. The name, Triodos - 'tri hodos' - is translated from the Greek as 'three-way approach'. Image File history File links No higher resolution available. ... A public company usually refers to a company which is permitted to offer its securities (stock, bonds, etc. ... Year 1980 (MCMLXXX) was a leap year starting on Tuesday (link displays the 1980 Gregorian calendar). ... Zeist is a municipality and a town in the central Netherlands, located east of the city of Utrecht. ... Financial services is a term used to refer to the services provided by the finance industry. ... An ethical bank, also known as social, alternative or sustainable bank, is a bank concerned about the social use of its investments and loans. ... For the tax agency in the United Kingdom of the same name, see HM Revenue and Customs. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... “Banker” redirects here. ... An ethical bank, also known as social, alternative or sustanaible bank, is a bank concerned about the social use of its investments and loans. ...


Triodos is unusual as it exclusively positively screens; it only lends to businesses and charities that it thinks benefit people or the environment. This differs from many other ethical banks which may negatively screen; avoid investing in companies judged to be doing harm, such as arms, pornography or tobacco companies[1]. The Bank uses money deposited by close to 100,000 savers and lends it to hundreds of organisations, such as fair trade initiatives, organic farms and social enterprises. An ethical bank, also known as social, alternative or sustanaible bank, is a bank concerned about the social use of its investments and loans. ... The word arms may refer to: The arm is anatomically the part of the body extending from the shoulder to the elbow. ... Porn redirects here. ... Shredded tobacco leaf for pipe smoking Tobacco can also be pressed into plugs and sliced into flakes Tobacco is an agricultural product processed from the fresh leaves of plants in genus Nicotiana. ... Certified Fair trade quinoa producers in Ecuador. ... Organic may refer to: Look up organic in Wiktionary, the free dictionary. ... Social enterprises are organizations which trade in goods or services, and link that trade to a social mission. ...


Savers can open conventional savings accounts, as well as ethical funds and venture capital. Triodos also has an active international department, supporting microfinance initiatives across the developing world. Savings deposits are accounts maintained by banks, savings and loan associations, credit unions, and mutual savings banks that pay interest but can not be used directly as money. ... Microfinance is a term for the practice of providing financial services, such as microcredit, microsavings or microinsurance to poor people. ... For the Jamaican reggae band, see Third World (band). ...


Backed by growing interest in saving and investing, as well as spending ethically, Triodos' balance sheet was worth $1,445 million, or £837 million, by the end of 2005. Save might refer to: Save (sport) - to stop a goal or maintain the lead To save a document in computer file management (see also Saving a webpage) The River Save (Zimbabwe), Zimbabwe The River Save (Hungary), Hungary -- joins the Danube just above Belgrade. ... Investment is a term with several closely related meanings in finance and economics. ...


Triodos is the only commercial bank in the UK to provide an annual list of all the loans the bank has made, so savers can see exactly how their money is used. “Banker” redirects here. ... A loan is a type of debt. ...


References

The Guardian is a British newspaper owned by the Guardian Media Group. ... Year 2007 (MMVII) is now the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... is the 177th day of the year (178th in leap years) in the Gregorian calendar. ...

See also

The GLS bank (full name GLS Gemeinschaftsbank) is a bank that was founded in 1974 as an anthroposophical intiative. ... Shared Interest Society Limited is a fair trade financial co-operative based in the United Kingdom formed in 1990. ...

External links


  Results from FactBites:
 
Triodos UK (627 words)
Triodos Bank was established in 1968 when a group of people with a background in banking observed that innovative projects had problems with obtaining financial support for their activities.
From this foundation, Triodos Bank was established in The Netherlands in 1980.
Triodos Bank finances enterprises which add social, environmental and cultural value, with the support of depositors and investors who wish to encourage the development of responsible business working for social renewal.
  More results at FactBites »

 

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