Charity Bank, the loans and savings bank owned by and committed to serving the social sector, has secured a £500,000 investment from Esmée Fairbairn Foundation as part of its drive to raise share capital. Having recently raised almost £5 million in subordinated debt, Charity Bank is now focused on attracting an additional £10 million in new equity investment from charities, trusts and foundations. The £500,000 investment from Esmée Fairbairn Foundation comes from converting an existing loan note into share capital and marks the first investment of this new issuance of…
Read MoreCharity Bank secures new investment as it seeks to double its lending
