The Guide to Grants for Individuals in Need 24/25 - hold an umbrella over someone's head

Charity Bank reaches £50 million in loan finance

Howard Lake

Howard Lake | 14 July 2006 | News

Charity Bank — the UK’s first not-for-profit bank — today announced that it has achieved exceptional growth in lending this year following an unprecedented rise in deposits in 2005.

Charity Bank has now agreed loans worth over £50 million to more than 500 enterprising charitable organisations across the UK, supporting a vast range of different community and social enterprise activities. These loans have also helped to unlock over £135 million of funding for voluntary and community activities.

Advertisement

Why your supporters are wealthier than you think... Course by Catherine Miles. Background photo of two sides of a terraced street of houses.

Related posts

UK Fundraising
29 December 2005

Greenpeace direct debit error hits UK donors
UK Fundraising
12 October 2005

Tax Reform Group shows public support for charities' VAT campaign
UK Fundraising
20 June 2011

Charities Aid Foundation creates social investment fund
UK Fundraising
9 May 2018

Sector finances finally recover to pre-recession levels but smaller charities still struggling

Loading

Howard Lake

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.

Mastodon