The story
The bank was founded in 1966.
Since 2012 people who do not work for the church such as atheists or people of other religions can also become customers. Due to the bank's ethic sustainability orientation, numerous customers from the charitable-foundations-field have joined the bank since then. The cooperative does not provide services to companies that are solely profit oriented.
Since 2006, the bank offered loans worldwide to microfinance institutions. Apart from this the bank launched two microfinance funds for institutional investors in which the bank itself invested as well and which are managed by the bank itself. BIB was the first credit institution in Germany that offered private customers the ability to invest into the microfinance sector via a passbook.
From Wikipedia’s article on Bank im Bistum Essen, shared under CC BY-SA 4.0.5
