- Reliance Bank
Infobox Company
company_name = Reliance Bank Ltd
company_
company_type = Private
company_slogan = Banking with people for people
foundation =1890
location =London ,England , UK
num_employees =
industry =Finance and Insurance
products =Financial Services
homepage = [http://www.reliancebankltd.com/ www.reliancebankltd.com]
revenue =
parent =The Salvation Army Formerly known as The
Salvation Army Bank, Reliance Bank Limited was founded in 1890 byWilliam Booth . When he needed to attract investments to financemortgage s on property vital to the work of the movement, his response was to set up the Army's own bank.Today,
The Salvation Army Trustee Company and The Salvation Army International Trustee Company still retain sole ownership of the bank and each year receive an equal share of the Bank's allowable profits. It is not only The Salvation Army which relies on the bank, but it is also used by many private customers, as well as other churches, charities, and businesses.Reliance Bank's emphasis is on customer care. They are committed to
ethical banking and any investments are made within strict ethical boundaries. Profits are used to further The Salvation Army's evangelical and charitable work.
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