In the world of social finance, milestones aren't just about numbers—they're about real impact, resilience, and an unwavering commitment to positive social change.
Charity Bank, the loans and savings bank for social good, is thrilled to report that it has achieved a momentous milestone: surpassing £500 million in loans to charities, social enterprises, and social purpose organisations across the UK.
Ed Siegel, CEO of Charity Bank, said: “Reaching this record of £500 million in social impact loans is a testament to our dedication to driving positive change. It highlights the impact our loans are having on the social sector and reminds us of the tangible difference loan finance can make to people, communities and the planet.”
“Each loan represents a partnership with organisations, communities, and savers - all dedicated to making a difference. Together, we are building a more inclusive and sustainable future for all.”
Since being founded in 2002, Charity Bank has made more than 1,280 loans to social purpose organisations across the UK, including housing, education, social care, sport, community, arts, faith, and environmental sectors.
Ed continues: “From supporting social housing initiatives and creating spaces for sensory theatre performances for disabled young people to providing safe havens for women fleeing domestic violence and air ambulances headquarters, Charity Bank loans have always been and will continue to be used to support a diverse range of impactful projects and initiatives.”
Discover more about how our £500 million has been lent, and the different sectors and regions that have benefitted from Charity Bank loans, on the Social Impact page of our website.
If your social purpose organisation could benefit from a loan, visit our Loans page
If you are interested in learning more about how your savings can work for good, visit our Savings page.
About Charity Bank
Charity Bank is the loans and savings bank owned by and committed to supporting the social sector. Since 2002, we have used our savers’ money to make more than 1280 loans totalling over £500m to housing, education, social care, community and other social purpose organisations.
Nothing in this article constitutes an invitation to engage in investment activity nor is it advice or a recommendation and professional advice should be taken before any course of action is pursued.