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Supporting the community

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Charitable donations

We contribute to registered charities relating to financial services or serving the local communities in which we operate.

Contributions of £1,950,000 (2017: £1,882,000) were made by the Group during the year to the work of the Foundation for Credit Counselling which operates the StepChange Debt Charity. The Group also contributed to charities throughout the year by way of single donations.

Other charitable contributions made in the year totalled £25,300 (2017: £25,000). The Group’s main objective is to support children’s and local charities, although no charity request is overlooked. During the last year the Group has helped many and varied charities and causes such as:

Kids Cancer Charity, 3H Fund - Helping Hands for Holidays, NSPCC, Multiple Sclerosis Society, Chicks, Soroptimist International Solihull and District, WellChild, Kids in Action and Strongbones Children’s Charitable Trust.

Community involvement

Employees make a difference to the local community in many ways. In the last year, employees have:

  • Delivered workshops in local schools and colleges focussing on financial awareness and employability skills
  • Donated over 100 shoeboxes for local Samaritans project ‘Operation Christmas Purse’
  • Made regular contributions to local food banks

The company also supports Paragon’s Charity Committee, consisting of volunteer employees, which organises a variety of fundraising activities throughout the year. In the calendar year 2017, £17,024 was raised for Marie Curie Hospice Solihull, while in the first nine months of 2018, £8,204 has been raised for Birmingham Children’s Hospital and Solihull Mind. All our employees are given the opportunity to nominate a charity each year and a vote is carried out amongst the employees to select the charity or charities to benefit from the following year’s fundraising activities.

Paragon Banking Group PLC.  Registered in England number 2336032.  Registered office 51 Homer Road, Solihull, West Midlands  B91 3QJ.