Holders can contribute to the growth of the Bank and to the development of the regional economy;
The value of the Profit Units is fixed and independent of the financial markets. However, their value may be reduced if a trigger event occurs;
The profit Units can contribute to diversification of the investor’s portfolio in a way that is specific to cooperative banks;
Potentially interesting remuneration. This is calculated based on the ECB’s average reference rate applicable to deposit facilities during the last three calendar years, increased by a maximum margin of 4%;
Minimum outlay of €1,000;
No transaction fees or custody charges.
DISADVANTAGES
There is no maturity date and the Profit Units are in principle perpetual; no redemption is possible for the first 5 years. Redemption is subject to strict conditions, without guarantee and at the Bank’s discretion;
The investor must meet certain criteria defined by the Bank;
The Profit Units are non-transferable except in the event of death;
