News / Triodos Bank

Triodos Bank named charities’ bank of the year

By Charlie Watts  Monday Sep 25, 2023

A Bristol-headquartered bank has been named ‘Bank of the Year’ at the Charity Times Awards 2023.

Triodos Bank, which has its head office on Deanery Road close to Central Library, was awarded the gong at an event in London in recognition of its “outstanding” support for the charity sector.

Organised by Charity Times, the awards are now in their 24th year and celebrate best practice across charities and not-for-profit organisations plus the businesses that support them.

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Phillip Bate, director of business banking at Triodos Bank UK, said: “We believe banking can be a powerful catalyst for achieving positive and lasting change and have a strong affinity with the charity sector.

“Much like the charities we work with, we aim to help create a society that protects and promotes quality of life for all and supporting them is intrinsic to our mission, rather than simply a product or service that we offer.

“We’re proud to have this work recognised by the Charity Times Awards and will continue to look for new ways to use our innovation, experience and flexibility to support charities and non-profit organisations.”

Triodos Bank’s recent work with the charity sector in Bristol has included lending to Gympanzees to help purchase a site for a new leisure centre for disabled children.

The bank has also supported Jamie’s Farm, headquartered near Bath, that enable young people at risk of social and academic exclusion to experience residential visits to the countryside.

Earlier this year, the bank provided £3.75m lending to rewilding charity, Heal, in what is believed to be the first commercial loan of its kind in the UK.

This was used to acquire a site in Somerset that will be home to the first in a series of new nature reserves Heal plans to establish in every English county.

Main photo: Triodos Bank

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