Private company

GLS Bank

Logo: gls.de4

German ethical bank

GLS Bank (officially GLS Gemeinschaftsbank eG) is a German ethical bank that was founded in 1974 as an anthroposophical initiative by Wilhelm Ernst Barkhoff and Gisela Reuther. It was the first bank in Germany that operated with an ethical philosophy. According to GLS Bank, its focus is on cultural, social and ecological initiatives, initiated by people, and not anonymous interests seeking capital or maximum profit.2 Its chief executive is Thomas Jorberg.1 It employed 514 people in 2017.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Mar 11, 1974Founded1
  • Industryfinancial services1
  • HeadquartersBochum1
  • Websitewww.gls.de
  • Legal formRegistered association (eingetragener Verein), eingetragene Genossenschaft1
  • Kind of organizationCooperative1
  • LEI52990026HQOTT4AJP6553
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressChriststr. 9, 44789 Bochum, Germany3
  • Registered withLocal Court Bochum, GnR 2243
GLS Bank
Photo: No machine-readable author provided. Maschinenjunge assumed (based on copyright claims)., CC BY-SA 3.0, via Wikimedia Commons5

GLS Bank (officially GLS Gemeinschaftsbank eG) is a German ethical bank that was founded in 1974 as an anthroposophical initiative by Wilhelm Ernst Barkhoff and Gisela Reuther. It was the first bank in Germany that operated with an ethical philosophy. According to GLS Bank, its focus is on cultural, social and ecological initiatives, initiated by people, and not anonymous interests seeking capital or maximum profit. The name stands for Gemeinschaftsbank für Leihen und Schenken which translates as Community bank for loaning and giving.2

Corporate structure

GLS Bank sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • GLS Bank Bochum, Germany
    • Burgerenergie Windpark Gagel GmbH & Co. KG (Bürgerenergie Windpark Gagel GmbH & Co. KG) Subsidiary · Bochum, Germany
    • GLS Beteiligungsaktiengesellschaft Subsidiary · Bochum, Germany
    • GLS Energie AG Subsidiary · Bochum, Germany

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

Leadership

Who has led GLS Bank, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • ethical banking

Listed on Wikidata.1

Employees over time

  • 20175141

Timeline

  1. Mar 11, 1974Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websiteGLS Bank logo
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