Charity Bank, the loans and savings bank for social good, is thrilled to report that it has achieved a momentous milestone: surpassing £500 million in loans to charities, social enterprises, and social purpose organisations across the UK.
Ed Siegel, CEO of Charity Bank, said: “Reaching this record of £500 million in social impact loans is a testament to our dedication to driving positive change. It highlights the impact our loans are having on the social sector and reminds us of the tangible difference loan finance can make to people, communities and the planet.”
“Each loan represents a partnership with organisations, communities, and savers – all dedicated to making a difference. Together, we are building a more inclusive and sustainable future for all.”
Since being founded in 2002, Charity Bank has made more than 1,280 loans to social purpose organisations across the UK, including housing, education, social care, sport, community, arts, faith, and environmental sectors.
Ed continues: “From supporting social housing initiatives and creating spaces for sensory theatre performances for disabled young people to providing safe havens for women fleeing domestic violence and air ambulances headquarters, Charity Bank loans have always been and will continue to be used to support a diverse range of impactful projects and initiatives.”
