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Thursday, October 19, 2006


I’ve been tricked, framed, put on the wrong foot! A couple of days ago I wrote an angry post about the announcement that a new bank would settle in Brussels that would offer its clients to invest in unethical investments. But apparently, there is no such thing as the ACE bank. It was just an advertising trick of Netwerk Vlaanderen (Network Flanders) a non-profit organisation that ‘promotes an environmentally and socially responsible approach to money’. By advertising for this bogus bank, Network Flanders wants to attract attention to the fact that existing banks still invest money on unsuspecting people’s savings accounts into dubious projects and businesses such as the arms trade, environmentally disastrous activities and so on.

Well, they surely fooled me! I thought it was outrageous that something as this could exist. The bank opened their ‘office’, where actors play the roles of the bank staff and try to persuade people to buy antisocial financial products. I think it is a great stunt.

If someone still wants to buy shares in the war in Iraq or Lebanon, you can visit them between 11-14h and 15-18h from Tuesday to Saturday until the 2nd of November. The ‘bank’ is located at the Muntplein / Place de la Monnaie in Brussels.

Posted by Bart at 7:39 PM
Categories: Miscellaneous

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