# Charity Bank reaches £50 million in loan finance

- Link: https://fundraising.co.uk/2006/07/14/charity-bank-reaches-50-million-loan-finance/
- Published: 2006-07-14T23:00:00+01:00
- Author: Howard Lake

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.

 

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