Examples and initiatives on the topic: Interest-free money

WIR Bank (Switzerland)

WIR Bank serves small and medium sized companies across Switzerland with seven branches and two main businesses, which grew out of the self-help organization WIR Economic Circle, founded by Werner Zimmermann in 1934. What began as a network of 300 firms and private individuals today includes 50,000 small and medium sized enterprises, which, with the […]

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JAK Bank (Sweden)

The JAK Members’ Bank (swedisch: JAK Medlemsbank) is the first bank in Sweden to create an interest-free banking system for its members, based on the JAK Bank model. The abbreviation JAK stands for the Swedish words Jord, Arbete und Kapital – land, work, capital. The bank was founded in 1965 as a cooperative savings and […]

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