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Research - Solutions and Alternatives
Sweden's JAK No Interest Bank - Mark Anielski (http://www.anielski.com/)
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"What we measure is what we value. How we spend our time, money,
and resources discloses our true values." Mark Anielski
From the Money Network Alliance: http://www.monneta.org/node/view/6
This is one of the first English assessments of Sweden's remarkable
JAK Members´ Bank - a cooperative, no-interest members-owned-bank
(see Eva Stenius below). The JAK bank model might well become
the international benchmark for "sustainable banking"
serving the interests of citizens, businesses and communities
commited to complementary currencies, sustainability and improved
quality of life. JAK is one of the best examples for the future
of "genuine wealth banking" which is a value-based,
sustainability-principled enterprise, seeing money as a means
of exchange within an economy - rather than a store of value for
hoarding and power.
This study also examines the step-change opportunities for Van
City Savings and Credit Union in Vancouver, British Columbia,
Canada, to adopt (in whole or in part) the JAK model. The study
contrasts the full benefits and costs of operating JAK versus
Van City and assesses the tangible and intangible benefits of
no-interest banking.
23 October, 2003 - 09:06 :: New Financial Instruments
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