Banca Popolare Etica
Organisation general information
Organisation name: 
Banca Popolare Etica
Founding year: 
Total number of staff: 
Percentage of microfinance activities: 
Between 0 and 20%
Type of organisation: 
For profit
Financial institution
Organisation's contact person
Contact person: 
Gabriele Giuglietti
Via Niccolò Tommaseo, 7
Organisation summary

Banca Etica is the first institution of ethical finance in Italy, created by a group of the most prominent Italian associations, NGOs, social cooperatives, trade unions, religious entities and by thousand of individuals, committed in the construction of a more inclusive and equitable society.

Banca Etica invests in small enterprises, social cooperatives, grass roots organisations. No international rating system takes into consideration the high social and environmental value of these enterprises: the creation of new jobs, the employment of disadvantaged people, the protection of traditional agriculture and biodiversity, the delivering of basic social services and so on. Banca Etica's evaluation is not based exclusively on the capital asset of an enterprise, but we carry out a thorough analysis of its social and environmental sustainability, using various parameters such as working conditions, gender approach, use of renewable energy, internal democracy and so on.

Banca Etica is totally transparent: our customers are made aware about the governance of the bank, the decision making procedures, the destination of the investments, the environmental and social profile of the borrowers. Banca Etica, like others ethical banks, represents the evidence that it is possible to make financial markets more transparent.

Countries of intervention: 
South America
Areas of intervention: 
    Please indicate any innovations in your microfinance program planned for the coming year: 


    -  To support MFIs or social banks in Africa, in rural area;

    -  To leverage resources through private-pubblic partnerships involving civil society organisations;

    -  To promote the social performance and social imapact analysis at MFIs level

    Banca Popolare Etica's picture