This article needs additional citations for verification. (December 2018) |
Company type | Private |
---|---|
Industry | Financial services |
Founded | 1892 |
Headquarters | London, United Kingdom |
Products | Financial services |
Revenue | £10.2 million (2009) |
£4.1 million (2009) | |
£1.9 million (2009) | |
Number of employees | 23 (2009) |
Parent | The Salvation Army International Trustee Company (51%) The Salvation Army Trustee Company (49%) |
Website | reliancebankltd |
Reliance Bank Limited, formerly known as The Salvation Army Bank, was founded in 1890 by William Booth. When Booth needed to attract investments to finance mortgages on property vital to the work of the movement, his response was to set up a bank.