Cultura Sparebank Banking and Finance Expertise

Cultura Sparebank has a long history of providing expert banking and finance services to its customers. Established in 1853, the bank has a wealth of experience in handling complex financial transactions.

The bank's expertise in corporate banking is particularly noteworthy, with a team of experienced professionals who can provide tailored solutions for businesses of all sizes. Cultura Sparebank's corporate banking services include loans, overdrafts, and cash management solutions.

One of the key benefits of banking with Cultura Sparebank is its commitment to providing personalized service to each and every customer. The bank's staff are trained to understand the unique needs of each customer and provide solutions that meet those needs.

If this caught your attention, see: Global Alliance for Banking on Values

Cultura Sparebank was initiated in 1982 by several anthroposophers in Norway, including Sophus Clausen and economist Leif Holbæk-Hanssen.

They were inspired by the GLS Bank in Germany and Rudolf Steiner's theory of trichotomy.

In 1986, Cultura Lånesamvirke was established, and in 1997, Cultura received a license as a savings bank.

Cultura Sparebank's mission is to promote projects with a social and ethical quality.

Profitability is secondary, but economic viability is a must for financing projects.

The bank offers a range of basic banking products, including current accounts with overdraft facilities and loans for new working capital.

They also finance investments and have a unique project where they establish support accounts that transfer part of the interest rate to organizations like World Wildlife Fund and Save the Children.

Organic agriculture and education are two large areas where the bank provides financing, including manufacturing and distribution of natural food and financing primary and secondary schools.

Medicine and healthcare, as well as cultural activities like free theatre groups and artists, are also supported through the bank's loan portfolio.

One of the bank's goals is to find new ways to finance individual initiatives that are often turned down by other finance institutions.

Recommended read: Sustainable Finance

Cultura Sparebank was initiated by a group of anthroposophers in Norway in 1982. They were inspired by GLS Bank in Germany.

Sophus Clausen and economics professor Leif Holbæk-Hanssen were among the key individuals behind this initiative.

In 1986, Cultura Lånesamvirke was established.

Cultura Sparebank offers a range of services and solutions designed to meet the unique needs of its customers.

Their personal banking services include online banking, mobile banking, and a user-friendly interface for easy account management.

Cultura Sparebank also provides expert financial advice and guidance to help customers make informed decisions about their money.

Their goal is to make banking as simple and hassle-free as possible, with services available 24/7.

With Cultura Sparebank, customers can bank on their own terms, whenever and wherever they want.

Related reading: Ethical Banking

Cultura Sparebank supports mobile payment solutions like Google Pay, allowing you to make contactless payments.

You can use Google Pay with Cultura Sparebank, making it easy to pay on the go.

Cultura Sparebank doesn't offer Apple Pay, but you can still use it by adding your existing debit and credit cards from Cultura Sparebank to Apple Pay through an external service.

One such service is Curve, a free solution that lets you use Apple Pay with your preferred bank, including Cultura Sparebank.

Explore further: SpareBank 1 Nord-Norge

At Cultura Bank, they prioritize supporting social, ecological, and charitable projects. They offer loans for pedagogical services outside the public offer, such as botilbud and work cooperatives for people with care needs.

Cultura Bank lends to biodynamic and ecological farms, as well as initiatives within alternative therapy. This is in addition to individual projects in art, culture, and craftsmanship, and aid projects focused on countries in need.

Their loan profile emphasizes support for ecological agriculture, further processing of eco-friendly products, and retail of such products.

Cultura Sparebank offers contactless payment solutions, which are convenient and secure.

Contactless payments are becoming increasingly popular, and it's easy to see why - they save time and hassle.

You can find more information about payment solutions and smart tips on our website.

Cultura Sparebank has collected common questions about contactless and mobile payment solutions.

Frequently asked questions about contactless payments include those related to mobile payment solutions.

For more articles on payment solutions, bank switching, and smart tips, visit our website.

Cultura Sparebank offers a range of banking services to its customers, including current accounts, savings accounts, and loans.

The bank's current accounts come with a debit card and online banking, allowing customers to manage their finances easily.

Cultura Sparebank also provides loans to its customers, with flexible repayment terms and competitive interest rates.

Worth a look: Green Lending

The history of banking is a long and winding road, but let's start with the roots of one bank in particular. The bank we're talking about was established in 1986 as Cultura Lånesamvirke, with the goal of promoting ethical banking.

This bank has been on a journey of growth and mergers over the years. It merged with a number of domestic lending foundations and funds throughout the 1980s and 1990s. By 1997, it had become a savings bank.

One interesting fact about this bank is that it issued grunnfondsbevis, but it's one of only two savings banks in Norway that didn't list them on the Oslo Stock Exchange.

Additional reading: Alternative Banking Services

Cultura Sparebank is at the top of the Etisk Bankguide for 2017, scoring 97 out of 100 possible points.

This is a significant achievement, considering the bank's smaller size compared to the other banks on the list. Cultura Sparebank's banksjef, Kjell Fredrik Løvold, is proud of the bank's performance, which is a result of prioritizing ethical work.

The Etisk Bankguide is an annual ranking of Norwegian banks based on their performance in 13 areas, such as anti-corruption and environmental sustainability. This year's ranking shows a general improvement among the banks that have been under scrutiny.

The biggest improvement is seen in the area of anti-corruption, where Norwegian banks are doing well. However, they are struggling with fossil fuel investments, and transparency and accountability are areas where they need to improve.

The bank that made the biggest leap in the ranking is Sparebanken Midt-Norge, which jumped from 7 points to 59 points. This is a clear indication that prioritizing ethics can lead to significant improvements.

On the other hand, some banks are still lagging behind, such as Sandnes Sparebank and Sparebank 1 SR, which are at the bottom of the list. This is a concern, as these banks are not taking the necessary steps to improve their ethical profile.