About: JAK Medlemsbank   Goto Sponge  NotDistinct  Permalink

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The JAK Members Bank, or JAK Medlemsbank, is a cooperative, member-owned financial institution based in Skövde, Sweden, and based on a concept that arose in Denmark in 1931. JAK is an acronym for Jord Arbete Kapital in Swedish or Land Labour Capital, the factors of production in classical economics. A membership of approximately 38,000 (as of November 2011) dictates the Bank's policies and direction.

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  • The JAK Members Bank, or JAK Medlemsbank, is a cooperative, member-owned financial institution based in Skövde, Sweden, and based on a concept that arose in Denmark in 1931. JAK is an acronym for Jord Arbete Kapital in Swedish or Land Labour Capital, the factors of production in classical economics. A membership of approximately 38,000 (as of November 2011) dictates the Bank's policies and direction.
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  • JAK Medlemsbank
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  • 1.31E8
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