Skip to content

There are some good banks out there

January 29, 2012

This made me smile. The French bank Crédit Municipal de Paris celebrates its 375-year anniversary by forgiving all debts smaller than 150€. Beautiful. I’m also impressed by the fact that they seem to offer fair deals for people poor enough to need to borrow 100€. Too often, the only option for poor people needing money is some short-time credit with an effective interest rate of more than 200%.

There is hope for our economic system yet.


From → Our society

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: