Charity Bank was founded to support charities with loans that they couldn’t find elsewhere and to show people how their savings could be invested ethically and in ways that would make them happy. Charity Bank is an ethical bank entirely owned by charitable foundations, trusts and social purpose organisations. Charity Bank provides individual or business savings accounts and loans for charities and social enterprises.
In 2022, The Charity Bank Limited achieved the position of 150th largest bank in the United Kingdom with a market share of 0.00%; its total assets grew by 14.73%.
Additionally, the bank became the 48th profitable bank in relation to its total assets showcasing 0.81% return on assets and 9.57% return on equity in 2022.
Also the lender held the 46th position regarging its loans-to-deposits (L/D) registering 87.21% L/D ratio in 2022.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in The Charity Bank Limited.
Becoming a client of The Charity Bank Limited can be done in a few steps:
The Charity Bank Limited performs client's identity verification via branch visit.
In 2023 total assets of The Charity Bank Limited were 395,97 mln GBP. In 2023 the bank's annual profit was 7,84 mln GBP. The Charity Bank Limited had 77 employees in 2023.
The Charity Bank Limited participates in the deposit guarantee scheme of the United Kingdom which applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. The Charity Bank Limited is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
The Charity Bank Limited is headquartered in Tonbridge.
The Charity Bank Limited has profiles at the following social networks:
The Charity Bank Limited is authorized and supervised by the Financial Conduct Authority (reference number 207701).