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Latest News

30th Anniversary

April 2013

This year we celebrate 30 years of Prometheus. We caught up with two people, Mike Kalaugher and Ton van de Meer, who stand out in Prometheus’ history to get their reflections on the last thirty years. Mike was the driving force that started Prometheus and Ton provided steady stewardship which built a solid financial footing. more »

New trustee

April 2013

Prometheus has a change in Trustee. more »

Peter Blom and Prometheus' global connections

October 2012

As New Zealand’s leading social finance organisation, Prometheus is part of a global network of banks and similar organisations. Two of Europe’s leading social banks – Triodos Bank based in the Netherlands but active internationally, and Gemeinschaftsbank in Germany – are investors in Prometheus. Both have a similar mission to Prometheus and their investment is meant to help Prometheus’ own development and increase the use of social finance in New Zealand. more »

Prometheus teams up with Soil & Health

April 2012

The Prometheus partnership account with the Soil & Health Association and Organic NZ has continued to go from strength to strength. Total deposit balances are now around $2 million. more »

What is Social Enterprise

October 2011

Prometheus has been involved in social lending for many years and we actively promote this nationally. Social lending is becoming increasingly well understood in New Zealand however the term social enterprise remains less well known. more »

Piko Wholefoods Co-operative a success story

July 2011

Many Prometheus readers will be aware that Piko Wholefoods, now in its 32nd year, was set up as an outlet for organically grown produce and grew quickly into a vegetarian wholefoods retailer with shops in Christchurch and more recently in Lyttelton. more »