Funding news

Charity Bank announces outstanding growth - Tuesday 11 July 2006

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.

Read the full article here: http://www.fundraising.co.uk/blogs/newswire/2006/07/12/charity-bank-announces-outstanding-growth/