A Christian bank which helps believers steward their resources has been named as one of the UK’s 500 fastest growing companies.

Kingdom Bank, has been ranked at number 380 on the  Business Leader’s Top 500 Growth Companies list. In a statement, the bank said it reflects a period of strong growth for the bank and the ‘increasing and urgent demand from churches across the UK who are seeking to secure permanent accommodation for gospel ministry.’

Paul Houghton, Chief Executive Officer for the Bank, said: “We’re delighted to be ranked in the UK Top 500 Growth Companies. This achievement is testimony to the Lord’s provision and to the faithfulness of Christians who have chosen to save with us. Their savings enable us to provide mortgages to evangelical churches across the UK, helping them establish a secure base for mission and ministry in their communities.”

Kingdom Bank was also ranked at number 302 for profit, and number 193 for profit margin. On the Bank’s profitability, Paul Houghton added:

“It’s very important to the Bank’s mission that we generate profits. All surplus generated during this period is invested into Kingdom Bank’s capital reserves, enabling us to increase our lending capacity to churches, Christian charities and ministry workers.”

Looking ahead, Kingdom Bank emphasises that future growth depends on more Christians choosing to place their medium- and long-term savings with the bank. With interest rates expected to flatten, the Bank’s ability to meet growing demand from churches will be directly linked to the inflow of deposits from individual savers, churches and charities, and businesses who share its vision.

Paul Houghton concluded: “Our mission is simple: to see more churches secure a permanent home in their communities with the buildings they need to serve and proclaim the gospel. Every pound saved with Kingdom Bank helps make that possible.”