ASN Bank

Customers wishing to save or invest responsibly can take their business to the ASN Bank. Established in 1966, the ASN Bank is the largest sustainable bank in the Netherlands.

The ASN-Novib Fonds allows intermediary financial institutions to finance growth in their investment and lending projects. The fund wants to contribute to the fight against poverty by financing small-scale businesses in developing countries. There is particular attention to the social aspects of loans granted. Through these loans, the ASN-Novib Fonds is helping thousands off small businesses which have not previously been eligible for loans from official banks or were reliant on loan sharks at high rates of interest. Most of the loans go to financial service providers who, in turn, use them mainly for small loans to new businesses or street traders. The majority of clients that borrow from institutions financed by ASN Novib Fonds are women. ASN Novib Fonds does not believe that credit facilities are always the best development tool, but for poor industrious people it certainly is most useful. The ASN Novib Fonds attracts private capital of people who believe that small loans to entrepreneurial people can make a substantial change in their living conditions.
To reach synergy ASN Novib Fonds works closely together with Oikocredit and Novib.

More information:

• www.asnbank.nl
•  Company profile