Alcost Bank emphasizes ethical principles and transparency instead of maximum profits. As the leading provider of ethical banking services and a pioneer in sustainable finance, Alcost Bank promotes through its financing and investment activities projects in the area of affordable and ecological housing, renewable energy, organic farming and social organizations. We operate in south Africa with products and services that are aligned with its client requirements concerning savings, investments, financial security, company financing, real estate and monetary transactions. Loans are issued principally in the area of social or ecological housing (also for private individuals), organic agriculture, renewable energy, as well as SME’s. Alcost Bank offers investment advice and ethical/sustainable investment funds.

 

Strong. Stable. Local. Personal.
We deliver a comprehensive range of banking services along with highly personalized attention to our clients, both individuals and businesses. Our mission is to help our clients achieve security, build wealth and realize their dreams.
Community Involvement:
For over 50 years, We have giving back to our community to actively help build good places to live, work and raise our families. This service to our community is one of our principal values and has defined who we are and how we do business.

Alcost Bank is a diversified bank holding company in Cape Town, South Africa, operating multiple lines of business with a focus on Budget Administration (“BHA”)

  • We’re flexible.  Most banks give you a “menu” of products to choose from, and you adjust to what’s available. Here, we adjust to your needs by creating custom products just for you.
  • We’re accessible.  As a Merchants Bank of Indiana customer, you get your personal banker’s cell phone number, because we don’t think you should ever be more than a phone call away from your finances.  Plus, our e-banking technologies bring your account management to you, no matter where you are.
  • We’re responsive.  As a local bank, all decisions are made right here, and we’ll bend over backwards to quickly get you what you need.
  • We come to you.  Too busy to make a trip to the bank?  Don’t worry, we’ll come to your office, take care of any paperwork and let you get on with your day.  Again, we’re just a phone call away.
  • We’re experienced.  Every interaction you have here is with an experienced banker, even if you’re just stopping by for a simple transaction.  At Merchants Bank of Indiana, there are no tellers – just personal bankers.
  • And we never stop working for you.  If you need anything outside our walls, such as investment management, specialized mortgages, insurance, etc., we’ll introduce you to one of our trusted Best in Class partners.