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New firm to prepare ground for Social Investment Bank
By Helen Warrell, Third Sector Online, 21 April 2008
The pioneers of a Social Investment Bank to improve access to finance in the third sector have set up a company to research the market and identify new financial products for charities and social enterprises.
Social Finance, a limited company, will prepare the ground for the bank in anticipation of the Government deciding to go ahead with the scheme. A bank for the third sector funded by money in dormant accounts was first proposed by the Commission on Unclaimed Assets. Several members of the commission,...
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