It’s been revealed that a Christian bank, which changed hands in 2020 for a reported £7 million, is moving out of Ruddington Fields Business Park. The institution uses financial services to support Christian churches and charities – with its profits utilised to support Christian causes. Bizarrely – other than our Post Office – Kingdom Bank on Mere Way was Ruddington’s only remaining banking facility, albeit telephone and mail based, after the closure of our village centre branches of HSBC, Barclays, Santander and The Nottingham. Kingdom’s mission statement is: “To glorify the Lord Jesus Christ by…
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Ruddington’s Kingdom Bank Changes Hands for £7m
A Christian bank, which operates from Ruddington Fields Business Park, is soon to be under new ownership. Kingdom Bank on Mere Way is, bizarrely, now Ruddington’s only bank, following the closure of our village centre HSBC and Barclays branches, however it is telephone and mail based. The business uses financial services to support Christian churches and charities – with its profits utilised to support Christian causes. According to a financial report in The Times newspaper, Kingdom Bank currently has £41 million of loans and £46 million of deposits – and is said…
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