The Social Bank* redistributes the wealth that circulates in the art world, investing it directly in the dreams and needs of the people. The Social Bank offers interest free loans that are entirely based on trust. There are no negative consequences for late payments. This trust-based loan asks for a level of social responsibility of the loanee, while respecting the challenges of making ends meet in an increasingly precarious society.

*Pursuant to the Dutch Financial Supervision Act (Wet op het financieel toezicht), it is prohibited for anyone to use the word ‘bank’ or any translation or derivative thereof in their name or in the course of their business activities, unless they hold a license as a banking institution. SB foundation is not yet a Social Bank, but a financial service providing interest-free loans. Social Bank is an artwork by Saemundur Thor Helgason.