Last update: 15/11/2019

IMPORTANT AGREEMENT BETWEEN FEBEA MEMBERS SIDI AND BAS

Friday, 15 November, 2019

An important agreement has been signed by two FEBEA members: SIDI approved on October 15, 2019, the investment of 228,000 euros by the Alternative Bank Swiss in the share capital of SIDI. 

This new capital contribution reinforces SIDI's solidarity-based resources, enabling it to carry out its social and solidarity investor business by taking risks and investing in projects for ecological and social transition. This alliance also marks the common desire to combine the efforts of two players in solidarity finance in Europe, members of the FEBEA, to promote economic development in the world and improve the living conditions of the most vulnerable.

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