Financial Services (105)
Somewhere in the German winegrowing region Rheingau, deep down under the Ress’s vineyard estate, there is a bank - the wineBANK. It offers a perfectly well-tempered and secure wine storage space for rent to keep the value of your beloved red and white wines growing. A special degustation room complements the service.
Why it matters
As a reaction to the implosion of the art-market bubble and the ongoing gold-rush, smart investment alternatives like vintage wines are gaining popularity. Will we see ‘high-street banks’ hopping on the train and cooperating with specialists in these alternative areas such as winemakers to expand their offer?
Portuguese BES bank [Banco Espírito Santo] just launched the b-a-bes – a dictionary that helps customers understand bank-related terms and will hopefully increase economic literacy levels. This online tool recalls the expression “b-a-bá” (babbling) and includes videos, graphics and answers to frequently asked questions about economic jargon.
“Mutuo Risparmio” is a flexible rate home loan which allows you to decrease your rate if you save money into your bank account: the more you save, the more it decreases.