B Impact Report

Logo for Charity Bank

Charity Bank

Loans to charities and social enterprises. Ethical savings accounts.
Certified Since: December, 2014
Location: Tonbridge, Kent, United Kingdom
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

128.7

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

Charity Bank is an ethical savings and loans bank with a mission to use money for good.

Charity Bank lends solely to charities, social enterprises and other organisations where the loan is for social purpose. Since 2002, it has used the money saved with it to provide over £170 million of loan finance to support organisations which are working to enrich and improve society.

Savings with Charity Bank become part of a social mission. They may be used to extend sports centres, increase access to education for excluded young people, open a safe house for victims of domestic violence, provide homes for those on low incomes or regenerate deprived areas of the country, as examples.

Charity Bank is entirely owned by charitable foundations, trusts and social purpose organisations. Charity Bank works in, and for, the social sector. Almost two-thirds of the projects financed by Charity Bank would not have gone ahead otherwise. Its loans support a wide range of organisations, including arts, community, education, environment, faith, health, housing, regeneration, social care and sports.

Impact Area Scoresinfo_outline

Previous Overall B Impact Score