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The GLS Bank: Profit not at any priceLoan of your choice or the ecological and social value of money Behind the awkward name of "community bank for lending and Gifts" is a sustainable model, which finances and ethics with each other. The GLS Bank - consisting of the Community Bank eG GLS, the GLS Treuhand eV and the GLS Beteiligungs AG - offers a wide range of popular services: From the current account on savings certificates, mutual funds and pension services to asset management. And yet the GLS differs fundamentally from other banks: it is 100% ethically and ecologically oriented. The history of the GLS bank: Money is for the people The roots of the GLS Bank date back to the year 1961: It was in Bochum, the Charitable Trust eV body established to allow donations and foundation money for charitable projects available. 1967, the Charitable Loan Guarantee eG (GCG) added, 1974 was the establishment of the GLS Bank. This focused initially on the financing of environmental, social and cultural projects, such as Demeter farms, housing and Waldorf schools. All three institutions together was the idea of money as a social means of positive use. By the time were always new entrance themes, including the financing of renewable energy after the reactor accident at Chernobyl. 1997 GLS merged bank and GCG. The company shareholdings of GCG flowed into the newly created GLS Beteiligungs AG. In 2003, the takeover of kriselnden Oekobank. The ever-expanding range of GLS has been to achieve sustainable mortgage, current account and ethical-ecological investment complements. The head office of nationwide bank is still in Bochum. There are now branches in Berlin, Frankfurt, Freiburg, Hamburg, Munich and Stuttgart. So much for history. But how will the high demands of the bank in practice? Tools You may like to use: Cash Flow Template Manage your cash flow in one place Budget Spreadsheet Set up online personal budget spreadsheet Monthly Budget Spreadsheet Your data up-to-date and secure Free Home Budget Software Expert guidance for your home budgeting need Monthly Budget Calculator Automated budget planning Taboo: Child Labor, armaments, animal testing, etc. Whether internal or customer equipment, investment or lending: The GLS Bank has a number of exclusion criteria, for the money in principle not be lent or invested. These include child labor, animal testing, alcohol, nuclear energy, armaments and pornography and dubious environmental behavior, controversial business practices and human rights violations. Instead, the GLS Bank environmental, social and cultural projects and companies. The customer can thus not only in good conscience, that his money is not for reprehensible purposes. He has top of the certainty that it will be useful. Codetermination: renewable energy, organic and living Who in the GLS customer is, we must from the outset even say what his preferred money to be used: whether organic, renewable energy, housing, disabled facilities or organic farming - the selection is great. Through participation, the power as much as the owner. Moreover, the money gets to the material an ethical value. Only the effect of capital in the truest sense of the word "enrichment" by providing a positive benefit for all parties win and the nature and fellow man no damage. Should that still not enough, his interest can be - in the rest of the comparison with other credit institutions must not be afraid - and renounce them directly to eligible projects in donating. "Good Bank" with a vision: the GLS Academy The view forward is: In the framework of seminars, conferences and workshops to discuss customers, partners and experts, current social issues and discuss ideas for the future. The GLS Academy leads and committed people together alongside visions also provides very specific stimuli, such as to sustainable management. The GLS bank in times of financial crisis: transparency rather than speculation Sustainability is one of the principles of GLS. Instead of money in search of maximum profit over the entire globe and to push into risky securities to invest, the bank grants loans to eligible German companies. Speculations are avoided, the transparency of a high priority: the customer magazine "mirrors bank" is regularly listed what loans and what projects and businesses. While many conventional banks, given the financial crisis in the red writing and with taxpayers' money must be financed, the GLS is the crisis cold. On the contrary: Instead of the losses recorded from the competition once as "sandals bank credit disparaged a constant growth - from 55,000 customers in 2007 to 62,000 in 2008. All in all, the GLS for the informed citizen has a doubly good alternative: The money is not bad for business - such as the director Erwin Wagenhofer in his film "Let` s make money "reveals - and is created at the same time safely. The "Good Bank" GLS is thus an attractive way, once the dispute over the introduction of a toilet duty in Rome bankrupt resulting dictum "money does not smell" from the cloud of cynicism to the level of morale lift.12:43 PM - Jun. 16, 2009 - post comment
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