Federating to concretely
develop a solidarity-based European finance
created in 2001, the European
Federation of Ethical and Alternative Banks (FEBEA Fédération
Européenne des banques Ethiques et Alternatives) is an
association based in Brussels governed by Belgian law. Open to
member countries of the European Union as well as applicant countries,
it gathers financial institutions whose aim is to finance social
and solidarity-based economy.
the entrepreneurs of a solidarity-based
economy whether they are the long-term unemployed creating
their own business, farmers starting up in organic produce, or directors
of insertion enterprises all have a point in common: they
often have difficulty in obtaining financing from the traditional
banking system. This is where the FEBEA can help: its members
can offer these business managers their expertise and financing.
Creating financial tools for solidarity, together
the FEBEA is a place for exchange,
sharing experiences and creating common tools to encourage the
development of financial solidarity in Europe. Available to all
FEBEA members who wish to participate, these tools are very diversified:
guarantee funds (Solidarity Guarantee), investment fund (Solidarity
Choice) and also financing companies (SEFEA: Société
Européenne de Finance Ethique et Alternative European
European Ethical and Alternative Financing Company), etc.
all these means have one common
objective: ultimately, to create a refinancing bank for ethical
and alternative financial institutions on a European scale.
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