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the culture briefi ng Creative Accountancy<br />

07<br />

lections push up the price of the art market?<br />

Yes, without question, says Pick Keobandith<br />

of QuArt. “Some invest in art, some want to<br />

show their power and money. It’s like possessing<br />

a Ferrari, it’s part of the element<br />

that wealthy corporations need to have.”<br />

" It’s like possessing<br />

a Ferrari, it’s part<br />

of the element<br />

that wealthy corporations<br />

need to have. "<br />

<strong>The</strong> collection of Cera started ten years<br />

ago, when the cooperative bank became a<br />

holding <strong>as</strong> part of the KBC group. As the<br />

major shareholder in KBC, Cera decided<br />

to use its income to return to its responsible<br />

roots. As well <strong>as</strong> its social and agricultural<br />

projects, it also started buying up the work<br />

of young artists in tandem with making grant<br />

payments to help them at fragile moments in<br />

their careers. “If you see the art scene at the<br />

moment and the artists that are travelling<br />

everywhere- they are often artists who were<br />

in our collection from the start of their career,”<br />

says Lies Daenen, who is responsible<br />

for Cera’s social and artistic activities. “We<br />

made a difference for those artists and the<br />

Belgian art scene, and that’s our goal.”<br />

Although no doubt conducted without<br />

a hint of cynicism, this is a neat trick if you<br />

54 — THE THIRD WORD<br />

can pull it off. Cera selected its artists under<br />

the advice of Bart de Baere of MuHKA and<br />

art critic Luc Lambrecht, creating a kind of<br />

win-win situation for itself. <strong>The</strong> artists start<br />

their careers with some heavy endorsement<br />

and an injection of c<strong>as</strong>h to put towards a<br />

specifi c project, while Cera, in turn gains<br />

not only kudos, but also a collection that<br />

will grow in value and reputation.<br />

Those operating in the creative world<br />

tend to see their comparatively inspiring<br />

environment <strong>as</strong> a kind of payoff for shoddy<br />

remuneration, but no one can really object<br />

to people from the fi nancial world wanting<br />

to surround themselves with beautiful and<br />

inspiring things. Perhaps the next time you<br />

need a little wriggle room with the mortgage<br />

repayments, you’ll fi nd that your banker<br />

will suddenly have engaged with the powerful<br />

ide<strong>as</strong> of exclusion emanating from the<br />

Juan Muñoz bronze next to the front door,<br />

and become a little more lenient. What does<br />

rankle with many in the art world, however,<br />

is both the rather soul-less, train-spotterish<br />

attitude to <strong>as</strong>sembling some of the collections,<br />

and the fact that the artworks are kept<br />

hidden from the public eye.<br />

08<br />

01. Dexia’s Entrance Hall,<br />

with Jacques Verduyn’s Figure Assise<br />

and Aguire y Otegui Philip’s<br />

Homme Devant un Mur.<br />

02. Dexia’s Stairc<strong>as</strong>e, with Jan Fabre’s Mur<br />

de la Montée des Anges.<br />

03. Dexia Curator Patricia J<strong>as</strong>pers.<br />

04. ING's Meeting Room,<br />

with Nobuy<strong>as</strong>hi Araki prints.<br />

05. ING Curator Patricia dePeuter.<br />

06. ING's Entrance Hall,<br />

with Anja Schrey’s Hockende III<br />

and a Richard Deacon sculpture.<br />

07. Cera's Vaults.<br />

08. Cera's Head of Artistic Activities<br />

Lise Daemen.<br />

© SABAM

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