Bank für Sozialwirtschaft AG
The SozialBank is the only nationwide specialized credit institution in Germany that focuses on the social and health economy. With tailored financial solutions and a clear focus on sustainability, it supports community-oriented institutions in their social impact.
About SozialBank
editSozialBank, formerly known as Bank für Sozialwirtschaft AG, is the only nationwide specialized credit institution in Germany that focuses exclusively on companies and organizations in the social and health economy. With headquarters in Cologne and Berlin, SozialBank offers the full range of services of a universal bank, with a focus on tailored financial solutions for institutional clients.
Key Products and Services
editSozialBank offers a wide range of financial services specifically tailored to the needs of the social and health economy. This includes individual and flexible financing solutions such as loans, investment financing, factoring, and leasing. In addition, the bank supports its clients in developing sustainable investment strategies and offers comprehensive fundraising services to facilitate the financing of social projects through donations. In the banking sector, SozialBank also provides specialized payment solutions for payment transactions.
Mission and Values
editThe mission of SozialBank is to shape the sustainable future of a society based on social cohesion. Founded in 1923 by the associations of free welfare work, the bank is deeply rooted in the social economy and is committed to promoting social and ecological sustainability. The bank's values are reflected in its commitment to social impact, responsibility, and ethical conduct.
Sustainability Goals and Initiatives
editSustainability is at the heart of SozialBank's business strategy. The bank invests exclusively in projects and organizations in the social, health, and education sectors and is proud to be the bank with the highest social impact in Germany. SozialBank pursues a comprehensive sustainability strategy that integrates environmental, social, and governance (ESG) aspects. It conducts digital ESG surveys to assess and improve the sustainability performance of its clients.
Historical and Current Developments
editSince its founding, SozialBank has played a significant role in financing social economy projects. In 2023, the bank celebrated its 100th anniversary and underwent a strategic realignment to meet the challenges of the 21st century. This includes the rebranding to SozialBank AG and the introduction of a new brand appearance that symbolizes openness and radiance.
Commitment and Partnerships
editSozialBank sees itself as an integral part of the social and health economy in Germany. It maintains strong partnerships with its clients and strives to contribute to social impact through innovative services and strategic consulting. The bank is proud to be part of a network that shapes the sustainable future of an inclusive and solidarity-based society.
With its comprehensive offerings and clear focus on the social economy, SozialBank remains a reliable partner for community-oriented institutions and actively contributes to social cohesion.