Credal
Credal is an ethical finance cooperative committed to building an inclusive and sustainable society, where money is used for the common good. Credal was born out an anti-apartheid citizen movement in the 1980s. In 1984, it became the first alternative and professional financial organisation in French-speaking Belgium: the Crédal cooperative.
The amounts placed with Crédal are reinvested to finance their clients: associations, social entrepreneurs, agricultural cooperatives, associations helping homeless people or promoting access to housing, people in financial difficulty who need assistance, socio-professional integration centres, and many other activities undertaken. Credal also offers support and training services: coaching and training to launch your independent business, or improve the skills of workers in social economy structures. A few key figures (in 2022): 4,501 active customers, 56 million euros in outstanding credit and 2,818 full-time equivalents financed.
Details
Account Features
- Small Business Lending
- Investment Opportunities
Designations
-
Federation
of
Ethical
and
Alternative
Banks
(FEBEA)
FEBEA is the European Federation of Ethical and Alternative Banks and Financiers. It gathers more than 30 financial institutions across Europe committed to democratic governance, transparency and responsible lending. FEBEA aims at promoting Ethical Finance; Finance that works for all, factoring in both the social and environmental impacts of economic activities.
Rates and fees are variable and often change. For the most up to date information, visit the institution’s website.
