Bank posts rise in profits and delivers record breaking lending performance

Margaret Willis
Unity Trust Bank, which positions itself as the commercial bank for firms with a social benefit, increased its profits 68% in 2018. The Birmingham-based bank approved more than £200m of lending to firms and projects that it says will deliver community, economic or environmental benefits. This is a record-breaking performance for Unity which has seen its lending almost double since it became independent in 2015. Chief executive Margaret Willis said: “Unity’s results confirm that profits and community value go hand in hand... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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