https://www.febea.org
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AFIN, present in Brussels in the process of building the new European strategy for ethical finance
AFIN, present in Brussels in the process of building the new European strategy for ethical finance
Bogdan Merfea, Chairman of the Board of Directors of AFIN IFN, participated on June 3–4, 2025, in the working session organized by FEBEA – the European Federation of Ethical and Alternative Banks, held in Brussels. The event brought together representatives of ethical and alternative financial institutions from across Europe, with the objective of reviewing internal governance and drafting the new FEBEA Strategic Plan 2026–2029.
In a European context where the need for responsible, inclusive, and real-economy-focused financial instruments is becoming increasingly evident, this meeting was essential for defining the strategic directions that will guide the Federation’s activity in the coming years.
AFIN’s Role in This Strategic Endeavor
Bogdan Merfea’s participation in this session strengthens Romania’s presence within the European network of ethical finance. With more than two decades of experience in the banking sector—over ten of which in top management roles—and with active involvement in microfinance and in supporting social economy organizations, Bogdan Merfea was a valuable contributor to the discussions on:
- strengthening the principles of participatory governance within FEBEA;
- the need for a strategic vision adapted to the social and climate challenges of the coming decade;
- the creation of accessible financial instruments for social enterprises and impact-driven organizations.
As Chairman of the Board of Directors of AFIN IFN – the first social finance institution in Romania, with fully Romanian capital – Bogdan Merfea advocated for a more inclusive European cooperation framework, one that also considers the specific realities of Eastern Europe regarding access to ethical financing.
About FEBEA and the Importance of the Collective Reflection Process
FEBEA is a European federation that brings together over 30 ethical and alternative financial institutions from across the European Union, focused on supporting the social economy and offering transparent, fair, and sustainable financial solutions. The consultation process launched in 2025, alongside the governance review, is a key step in adapting the Federation to the new economic and social challenges.
Through the working session in Brussels, member organizations had the opportunity to express their views, contribute to the development of the strategic plan, and actively engage in shaping the future of a network that places people, communities, and the environment at the heart of its economic model.
Romania, an Active Part of the Transformation
AFIN IFN is increasingly positioning itself as a key player in the European ethical finance ecosystem, while also promoting practical solutions for social entrepreneurs in Romania. Participation in the FEBEA session reaffirms our commitment to supporting an alternative financial model, in which profit is placed in the service of people and the common good.
📌 For more information about FEBEA and the proposed strategic directions, visit: https://www.febea.org
📌 Learn more about AFIN’s work at: https://www.afin.org.ro
June 4, 2025
