Tag: Charity Bank

Charity Bank savings accounts recognised as top ‘Best Buy’ by Ethical Consumer

Stuart Mitchell

Charity Bank, the loans and savings bank for positive social change, has been awarded the joint highest score and received a ‘Best Buy’ by Ethical Consumer. In their savings account shopping guide, Ethical Consumer ranked 48 banks on their approach to issues concerning the environment, animals, people, and politics. Charity Bank received Ethical Consumer’s best rating across all categories including worker’s rights, animal rights, climate change, tax conduct and environmental reporting, outranking high street banks, digital challenger banks and ethical competitors. Charity Bank was also commended for its positive lending…

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Charity Bank Celebrates 20 Years

Stuart Mitchell

In October, Charity Bank marked 20 years since its incorporation with a special celebration held at LSO St Luke’s in London. Charity Bank was officially launched at 11 Downing Street by then Chancellor of the Exchequer, Gordon Brown, on 17 October 2002. Since then, Charity Bank has continued to be owned by and committed to supporting the social sector, making more than 1,100 loans totalling over £400m to housing, education, social care, community, and other social purpose organisations. During the evening, Charity Bank unveiled a new brand video “Where You…

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Charity Bank becomes the latest organisation to sign the new Diversity Forum Manifesto

Stuart Mitchell

Charity Bank, the loans and savings bank for charities and social enterprises, has signed up to the Diversity Forum Manifesto, reaffirming its commitment to Equity, Diversity, and Inclusion (EDI). Created by The Diversity Forum, a network with a mission to improve inclusion in the UK Social Investment sector, the Manifesto sets out 7 clear commitments that organisations are required to report on annually alongside 10 suggested initial implementing actions. The 7 EDI commitments ensure organisations are taking ownership of their EDI, creating meaningful collaborations, building an inclusive culture, being open…

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Charity Bank announces record lending and surplus

Stuart Mitchell

Charity Bank, the loans and savings bank for charities and social enterprises, has announced its annual results for the year ended December 2021. The ethical bank made its largest ever surplus of £0.9 million that will be re-invested in support of its social mission, whilst making £51 million in new loans to charities and social enterprises, more than at any other point in its history. In addition, the bank was the most active intermediary of loans made by the Resilience and Recovery Loan Fund (RRLF) across 2020 and 2021, helping…

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Charity Bank launches Green Loan offers in response to climate crisis and in support of its updated Vision Statement

Stuart Mitchell

Charity Bank, the loans and savings bank for charities and social enterprises, published its revised vision statement with an increased emphasis on responding to climate change. The bank’s refreshed vision statement is for ‘a society that fosters vibrant communities and a healthy planet, enabling every individual to thrive.’ In support of their updated vision, Charity Bank also launched two green loan offers rewarding charities and social enterprises for using loan finance to buy or build an energy-efficient building or to improve the energy efficiency of their existing property. With the…

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