 Cultura's roots date back to an initiative from 1982 from a group of Norwegian anthroposophists including Sophus Clausen and economics professor Leif Holbæk-Hanssen, that sought to establish an ethical bank.In 1986, "Cultura Lånesamvirke" was established, and in 1997, Cultura was granted a full banking license as a savings bank.Cultura is inspired by GLS bank, the leading anthroposophical ethical bank in Germany.