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?
Monabanq is a French online bank, which recently launched a new offbeat TV commercial in order to discredit the classic bricks-and-mortar banks by promoting a more immediate and interactive way to deal with your account.
Green mortgages and loans are the latest effort by banks and credit unions to encourage eco-friendly development. Home equity loans requested for installing solar panels as well as mortgages for homes that meet a certain energy efficiency requirement are subject to reduced loan rates and other benefits.