# Vodafone UK Foundation invests £100,000 in Charity Bank

- Link: https://fundraising.co.uk/2005/05/12/vodafone-uk-foundation-invests-100000-charity-bank/
- Published: 2005-05-12T23:00:00+01:00
- Author: Howard Lake

The Vodafone UK Foundation’s equity investment in the UK’s first not-for-profit 
bank, makes it the first major non-financial corporate foundation to become a Charity
Bank shareholder.
The capital investment will help to boost Charity Bank’s capacity
to provide affordable loans to hundreds of charities and groups from disadvantaged
communities across the UK.

Charity Bank, the UK’s first fully regulated bank that is also a registered charity,
celebrates its third anniversary this month. Since the launch of its pilot fund,
it has provided affordable loans of over £30 million to some 380 charitable organisations
that do not have easy access to mainstream lending.

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