UK votes to leave the European Union - Charity Bank's response

Jun 24, 2016

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The United Kingdom has voted to leave the European Union. The effects on the wider economy will become clearer over time but what is certain is that our approach and commitment to our savers, borrowers and the wider social sector remains unchanged.

Charity Bank Chief Executive Patrick Crawford said: “The United Kingdom has voted to leave the European Union. The effects on the wider economy will become clearer over time but what is certain is that our approach and commitment to our savers, borrowers and the wider social sector remains unchanged.

“As an ethical savings and loans bank, Charity Bank uses its savers’ money to make loans to charities and social enterprises. We will continue to work side-by-side with social sector organisations seeking to use loan finance to make a bigger difference.

“Since 2002, Charity Bank has lent over £150 million to around 800 charities and social enterprises from across the UK.

“We have been here for our borrowers and the social sector through significant changes before. No matter what has been laid before us, we have been here to help them grow, become more sustainable and create a better world.

“That will not change. Through the uncertainty of the months ahead, we remain committed to meeting the funding needs of charities and social enterprises.”