Banking and Insurance

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Nepal’s co-op crisis: Fallout continues from embezzlement scandal

As arrests continue, co-operators and business experts are urging reform to prevent future crises in the…

National Cooperative Bank issues $13.5m in patronage refunds

'We greatly value the business we have with our co-operative customers, many of which have been…

Webinar explores role of co-op banks in times of crisis

Discussions at the EACB event centred around the recently published book 'Of Banks and Crises'

How are co-operative and mutual insurers using AI?

Around 62% of those surveyed by Icmif reported that they are already using the technology

Priscille Szeradzki elected president European co-op banking apex

Szeradzki will serve a two-year term, succeeding outgoing EACB president Daniel Quinten

Building societies and first-time buyers

There is innovation within the sector, but change is needed to address the current challenges, says…

UK building societies buck market to provide mortgage growth

Several mutuals have introduced 'new and innovative ways to support people into homeownership', says sector body…

New Zealand’s Co-op Bank grows annual profit to more than $20m

'We have seen strong growth in home loan customers, and we are proud to have helped…

Co-op Bank returns to mutual ownership as Coventry BS signs deal

'We’re building on our shared heritage and creating a stronger mutual business '

MPs approve law change to level playing field for building societies

The news was welcomed by sector body BSA, which says it will give mortgage customers more…

Mutual share of the total insurance market is at an eight-year high

The largest insurance market in terms of mutual/co-operative market share is Finland (61%)

Nationwide plan to buy Virgin Money divides analysts and members

The £2.9bn deal would mark an expansion for the UK mutuals sector – but some of…