Charity Bank is aiming to expand its business regionally and internationally. The social lender already has a branch in Yorkshire and employees working in Wales and Northern Ireland. Chief executive Malcolm Hayday is keen to expand the bank's presence through offices in other parts of the country as well as overseas. "There is a small but growing interest in regional pots of money," said Hayday. "People want to be able to see what's being done with their money."
The Charity Finance Directors' Group will hold its northern conference on 24 June at the Palace Hotel, Manchester. The conference, Steering Your Charity Through Changing Times, will feature former Home Secretary David Blunkett as the closing plenary speaker.
Social lender Triodos Bank says that its social venture capital fund, the £4m Triodos Opportunities Fund, has made its first investment, offering £320,000 to outsourcing social enterprise Charity Business. The fund takes equity stakes in social businesses with proven track records, and aims to invest between £200,000 and £750,000 in them.