About Depository Receipts

Triodos Bank finances companies, institutions and projects that benefit people, the environment and culture, with the support of investors who want to see more socially responsible business and a sustainable society.

We want to raise more capital to finance our continued growth, so that we can lend more money to an even wider range of inspiring ethical organisations. We have more than 35,000 investors, known as depository receipt holders. Some of them are institutions who can invest in Triodos Bank up to 10% of the issued depository receipt capital. 

Triodos Bank believes it's crucial that its mission and identity is protected. As a result, all Triodos Bank's shares are held in trust by SAAT - the Foundation for the Administration of Triodos Bank Shares. SAAT then issues depository receipts for Triodos Bank shares to the public and to institutions. These depository receipts embody the economic aspects of the shares of Triodos Bank NV. In addition, it exercises the voting rights for the Triodos Bank NV shares.

The depository receipts are not listed on any securities exchange. Instead, Triodos Bank maintains a platform for transactions against net asset value for the depository receipts. This means that, generally speaking, depository receipts can be bought and sold on a weekly basis. Large stakes may take longer. Situations may occur where it is not possible to redeem depository receipts.

Invest in Triodos Bank

Triodos Bank connect savers and investors who want to change the world for the better.

To find out how to invest in Depository Receipts, see:
The Netherlands
United Kingdom

Depository receipt holders survey


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Annual Report 2017


Find out how sustainable banking made a difference in 2017.