Building better with Canada’s values-based bank VCIB

Published on February 2, 2022

Vancity Community Investment Bank (VCIB) is on a mission to finance a sustainable future for Canadians—starting with where they live, work, and play.

“VCIB believes real estate can be a powerful tool for change,” says Trish Nixon, Managing Director, Commercial Impact Banking. “We offer financing solutions that empower developers and owners to   positively impact the communities in which they operate.” Calling out the bank’s distinct approach, Nixon notes, “We call it social purpose real estate.”

ESG factors play an increasingly prominent role in real estate operations. With extensive experience providing tailored financing for commercial real estate projects, VCIB has seen a huge shift in the market over the last few years. “Every day we hear from traditional developers who are looking for new ways to embed social and community benefit into their projects,” adds Nixon. This is an exciting shift for a financial institution that’s both a Certified B Corp and a member of the Global Alliance for Banking on Values.

Read more here 

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