With a continued commitment to creating a better society through safe growth, 37% of Unity’s financing in the first six months of 2023 went into areas of high deprivation.
Some 81% of these loans were allocated to local businesses delivering impact in their communities, and 15% to organisations creating solutions that specifically help disadvantaged or marginalised people.
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Supporting lending customers through a period of financial uncertainty has also been a key focus for Unity, with each receiving dedicated assistance from a relationship manager who understood their individual and organisational needs.
The company’s profit before tax increased to £28.7m — a large rise from the £9.6m made in the same period last year — and the bank has reinvested in its own growth through recruitment and new technology to enhance customer experiences, improve services, and bolster operational resilience.
Deborah Hazell, CEO at Unity, commented: “Our purpose as a bank with a social conscience is to provide excellent banking services to organisations that contribute to the common good and deliver sustainable returns.
“We continue to thrive through this purpose and are proud of the positive social impact we support in local communities across the UK, through our carefully considered approach to lending.”
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