Charity Bank | Ethical Marketing News

Charity Bank Reinvests Profit to Reach Underfunded Charities

July 23, 2023June 12, 2023 Stuart Mitchell

Charity Bank, the loans and savings bank for social good, today announced its annual results for the year ended December 2022. In 2022, Charity Bank also disbursed a record £53.9m in new loans, supporting UK charities and social enterprises. The bank expects to significantly increase the range and diversity of organisations supported in 2023, and will set specific targets for reaching ethnically diverse enterprises and other groups that have experienced exclusion from social investment. “Our strong financial performance will enable us to expand our lending activities, which will help us…

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

February 11, 2023January 10, 2023 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…

Charity Bank Celebrates 20 Years

December 6, 2022November 1, 2022 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…

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

October 7, 2022September 6, 2022 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…

Charity Bank announces record lending and surplus

July 11, 2022June 13, 2022 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…