Thursday, June 06, 2013

Charity Bank transfers assets to Charities Aid Foundation

Charity Bank transfers assets to Charities Aid Foundation: The bank, which lends only to charities and social enterprises, has ceased to be a charity in order to meet banking regulations and continue its work

- This story has been corrected; please see final paragraph

The charitable assets belonging to Charity Bank have been transferred to the Charities Aid Foundation, its principal shareholder, after the bank ceased to be a charity on 31 May.

No comments: