Green bank profits soar

Green bank Triodos booked net profit of €5.7m in the first six months of this year, €2m up on the first half of 2008, bucking the trend across the financial services sector as a whole.

And the amount of savings and other assets held on behalf of customers rose 15% as more people moved their accounts, the bank said on Friday.
‘We are growing faster than we expected,’ chairman Peter Blom was quoted as saying by news agency ANP. ‘The financial crisis is a reason for many people and companies to look again at their banks. Our business model attracts them.’ Triodos invests only in sustainable products.
Launched in 1980, the bank has 210,000 clients in the Netherlands, Britain, Spain and Germany.

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