Altana Social Impact Partnership invests in My Community Bank
Altana Social Impact Partnership invests in My Community Bank driving Financial Health and Ethical Lending across the UK
The Altana Social Impact Partnership (ASIP) has made a substantial investment In My Community Bank (MCB).
Altana Social Impact Partnership (ASIP), a leading impact investment firm, is pleased to announce its investment in the growth of My Community Bank (MCB), solidifying its commitment to improving the financial health of UK residents and fostering ethical lending practices.
The partnership between ASIP and MCB reflects a shared vision of expanding ethical lending initiatives to promote financial inclusion, ensuring that those who need it most have access to the resources and support required to thrive. Laurence Christie and Mohsin Jamal, who jointly lead ASIP’s impact investing business, share MCB's mission to provide accessible financial services that contribute towards a more inclusive financial landscape.
Laurence Christie, Co-Head, said "Our commitment to ethical lending practices aligns perfectly with MCB's dedication to making a lasting impact on the lives of individuals andcommunities. Together, we aim to empower individuals, nurture financial resilience, and contribute to the overall well-being of the UK."
MCB has established itself as a trusted ethical lender, prioritising responsible lending practices and transparent financial services. With ASIP's investment, MCB will strengthen its operations and expand its reach, enabling it to offer support and resources to an evenbroader range of individuals and communities.
ASIP's investment in MCB exemplifies its dedication to generating positive social impact while pursuing attractive financial returns. Mohsin Jamal, Co-Head at ASIP, said: “By leveraging our expertise and network of partners, ASIP continues to actively seek investment opportunities that drive meaningful change and contribute to a more equitable and sustainable future. “
To read the full release click here.