Unity believes in delivering impact, not simply maximising profits.
Our financial strength enables us to address social, economic, and environmental needs in local communities and consistently deliver against values.
In 2023, our total loans committed surpassed £1 billion for the first time since Unity was established in 1984 and we provided banking services for over 9,000 customers. Our continued growth helped to deliver positive impact in areas where it is needed most in the UK.
To read more about Unity Trust Bank’s financial performance over the past five years, please click on the links below:
| Report & Accounts | Pillar 3 Disclosures | Impact Reports |
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The Bank has increased lending to socially minded organisations across the UK in 2023, to £1,013.6m (2022: £836.6m) enabling us to deliver greater positive impact. Profit before tax for the year more than doubled to £63.9m (2022: £27.4m). Unity ended the year with a Common Equity Tier 1 (CET1) ratio of 19.7% (2022: 18.3%) and a Liquidity Coverage Ratio (LCR) of 210%, both substantially in excess of regulatory requirements.
Record £63.9m (2022: £27.4m)
2022: 18.3%
£1,013.6m (2022: £836.6m)
As a socially-responsible bank, Unity also seeks to be transparent in all that we do – and matters of taxation are no different.
If you’re ready to switch your Business Current Account to Unity Trust Bank, we’ll make sure it happens like clockwork. It’s guaranteed to take 7 working days, it’s free, and it’s all taken care of by the Current Account Switch Service.
