{"id":173924,"date":"2023-01-04T23:00:00","date_gmt":"2023-01-05T04:00:00","guid":{"rendered":"https:\/\/ifamnews.com\/?p=173924"},"modified":"2023-01-04T11:12:54","modified_gmt":"2023-01-04T16:12:54","slug":"does-the-catholic-pax-bank-in-germany-receive-rental-income-from-an-abortion-clinic","status":"publish","type":"post","link":"https:\/\/ifamnews.com\/en\/does-the-catholic-pax-bank-in-germany-receive-rental-income-from-an-abortion-clinic","title":{"rendered":"Does the Catholic Pax Bank in Germany receive rental income from an abortion clinic?"},"content":{"rendered":"\n

[We adopt this contribution from Karl Noswitz* with kind permission. Original can be found here<\/a>].<\/em><\/p>\n\n\n\n

Pax-Bank eG, headquartered in Cologne, Germany, is a cooperatively organized, Christian-sustainable social bank. The bank was founded as Pax Spar-und Darlehnskasse eGmbH as a self-help organization of priests for priests on October 18, 1917. Pax-Bank’s customers include church, non-profit, social institutions and associations as well as associations, corporations and institutions under public law and private individuals.<\/p>\n\n\n\n

Pax Bank lures customers with an explicit advertising promise to stay away from the abortion industry<\/a>. Indeed, Pax-Bank promises to distance itself from “producers of corresponding drugs as well as operators of medical facilities that perform abortions”. <\/p>\n\n\n\n

To private customers, Pax Bank sells insurance exclusively from the comnpany R+V<\/a>. One R+V district manager even has his own telephone extension at the Pax Bank headquarters in Cologne. In addition, Caritas, the welfare organization of the Catholic Church, has has concluded a major deal with R+V in 2019. Since then, company pensions for new Caritas employees nationwide have been run through R+V<\/a>. <\/p>\n\n\n\n

However, it seems that no one in the Catholic world has any idea that R+V actually supports the abortion industry. In the document “Ethical-Sustainable Investment Criteria<\/a>“, R+V states that it invests the money of policyholders referred to R+V by Pax Bank with the operators of abortion clinics by providing real estate capital. One example of this collaboration is Gabie Raven’s new abortion clinic in Dortmund, Germany, the first time a Dutch abortion clinic has opened a branch in Germany. (Gabie Raven is the official representative for the Netherlands of the International Federation of Abortion Specialists(Fiapac<\/a>) and is one of the key players in the international abortion movement). Gabie Raven’s abortion clinics in Rotterdam and Roermond in Holland alonealready kill 6,300 children a year. Signficantly, not a single curative treatment is carried out at her clinics. And R+V receives around 3,500 euros a month in rent from Gabie Raven. Since the business relationships with Pax Bank and Caritas bring R+V disproportionately more income, they definitely have the clout to get R+V to cancel its lease with Gabie Raven.<\/p>\n\n\n\n

But will Pax Bank and Caritas do the right thing and do this? That is the million dollar question.<\/p>\n\n\n\n

*Karl Noswitz is an investigative journalist and pro-life activist in Germany. Karl Noswitz has also been blogging about the abortion industry since 2022. Because of his pro-life work, Noswitz was sued several times, not least by Bishop Georg B\u00e4tzing, the chairman of the German Bishops’ Conference.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Paxbank is a Christian and Catholic social bank. Through its collaboration with R+V, it rents out a practice where abortions are performed. 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