Charity Bank looks to start small loan funding and set up a foundation

Charity Bank looks to start small loan funding and set up a foundation: Charity Bank plans to work with grantmakers to help provide small loans to small charities and social enterprise; and is looking at setting up its own charitable foundation.

Announcing its new strategy at its annual open day, Patrick Crawford (pictured), chief executive of Charity Bank, said since it has ceased to be a charity, it has started the process of raising new capital.