Cooperative Ownership

Become a Joint Owner through Cooperative Ownership in Denmark's Sustainable Financial Institution. 

Merkur is a financial institute organised as a cooperative and is primarily owned by its members. Merkur’s cooperative capital corresponds with shares in a normal bank and is drawn from individuals, organisations, institutions and others who purchase a share of the capital.

One share costs DKK 1000 and can be purchased by any individual or others, irrespective of whether they are a customer of Merkur or not. Merkur aims to have as wide-ranging ownership as possible and therefore encourages all its customers to become cooperative members if possible.

As of September 2009 Merkurs nearly 3000 members control capital of around DKK 111 million.

All members have access to the annual general meeting (AGM) where each member has a vote. At the AGM, members also elect a board of representatives, which in turn elects and appoints the board of directors.

Focus Area
You should not buy shares in Merkur if you are looking for exorbitant returns. Rather, you should invest your savings in Merkur shares if you want to create growth opportunities for ecological, cultural and climate projects, while having the opportunity to receive a fair return on your investment.

Merkur Cooperative Bank has for 26 years sought to promote sustainable societal development, and almost 3,000 shareholders have a stake in Merkur. Shareholders enable Merkur to lend money to sustainable projects. For every DKK 1,000 of purchased shares, Merkur can potentially lend up to DKK 12,000 to organic, social or cultural companies and projects.

Returns
The targeted rate of return for Merkur shares is 5-7% annually. Share value is not directly influenced by developments on stock markets. The historical yield is displayed below. Historical data do not guarantee future returns.