>>>A BANK with a 2,5% interest rate on loans<<<<
 

I was watching a very interesting report on TV about a a cooperative, member-owned bank based in Sweden.

Very interesting business model, it's wort to read this article about it

Anyone from Skovde, Sweden here that can let us know something more about it?

It sounds great, but it sounds like you give money interest free to the bank initially, and then years later you can borrow it at a low rate... which sounds great, but it seems like you actually don't gain anything from it...