Charity Bank reinvests £2.7m profit to reach underfunded social enterprises and charities
![Charity Bank Celebrate 20 Years At LSO](https://www.socialenterprise.org.uk/app/uploads/2022/10/Charity-Bank-Celebrate-20-Years-At-LSO-edit.jpg)
Charity Bank, the loans and savings bank for social good, has announced its annual results for the year ended December 2022. The bank achieved a record financial result, with a significant profit of £2.7m. Charity Bank will reinvest 100% of its 2022 profit to further its mission and extend its reach to underfunded charities and social enterprises.