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The European Federation of Ethical and Alternative Banks and Financiers (FEBEA) held a board meeting for the first time on the island of Ireland. The federation, which represents 28 European social finance institutions with assets totaling €30bn, was invited by Community Finance Ireland (formerly UCIT), its only UK and Irish member.

In addition to learning more about Community Finance Ireland’s business model the FEBEA Board also visited a customer who received Community Finance Ireland (formerly UCIT) funding to support projects including the Enler Complex in Ballybeen and Bryson Street Surgery.

FEBEA Chairman, Pedro Manuel Sasia Santos, said: 

“Northern Ireland has a vibrant social enterprise sector and UCIT has an exceptionally strong community focus in areas such as sport and faith-based initiatives which many of our members are interested in replicating.”

Pedro Manuel Sasia Santos, FEBEA Chairman

Pictured with Mr Santos are Wlodzimierz Grudzinski, FEBEA’s Vice Chairman and Harry McDaid, UCIT Group’s Chief Executive.

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