How are banks leading by giving back?
Skipton International is highlighting how an international bank can remain involved in local affairs and support community efforts and events.
The need for social connection
Rapid corporate growth includes adjusting goals, targets, and ambitions that involve increasing the scale of operation to a global level. Local communities, consequently, become overlooked and do not feel any positive effects from the growth of a nearby initiative. Growth provides the opportunity to forge new and long lasting partnerships, creating a positive feedback loop that benefits all parties.
Skipton Community Fund
In order to support local organisations, Skipton International set up the Skipton Community Fund, which provides financial aid to not-for-profit organisations carrying out a project in the Channel Islands. In 2020, the Skipton Community Fund provided £40,000 of donations to various projects held that year.
The COVID-19 pandemic forced the global population to adapt to an ever-changing situation that posed significant health risks. Families became isolated and social interaction diminished. Skipton International’s role in sponsoring the Skipton Cup, a prestige football tournament which created an event that greatly lifted the mood of the residents of Guernsey and the Isle of Man. It is an example of how something new can be created to bring people together during challenging times. Acknowledging the importance of community and safeguarding it can lead people through hardship and improve difficult situations.
This story shows how Skipton International supports Goal 11: Sustainable Cities and Communities, specifically Target 11.4: “Strengthen efforts to protect and safeguard the world’s cultural and natural heritage.”
About the company
Skipton International is a bank established in Guernsey and is a subsidiary of Skipton Building Society, the fourth largest building society in the UK. Its aim is to be the Channel Islands most recommended bank by helping customers achieve their property owning and savings goals, offering quality products and excellent customer service. The range of products includes residential mortgage options for Guernsey & Jersey residents, UK Buy-To-Let products for non UK residents and offshore savings accounts.