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Socially responsible savings account launched
By Paul Jump, Third Sector Online, 30 November 2007
Charity Bank in the North has launched a savings account for businesses in Yorkshire and Humberside that want to invest in their communities as part of their corporate social responsibility programmes.
The Yorkshire Deposit Bond, which was launched at a business reception in Leeds earlier this week, offers interest rates of between 2 and 4 per cent over a fixed 12-month period. The bank’s regional director, Tim Foggin, said the relatively low rates meant companies would have to sacrifice some financial...
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