Banking and Insurance

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Embezzlement crisis in Nepal’s co-ops sparks protests in the streets

Protests have been called off after ministers agreed to take action to improve regulation of the…

Fintech start-up Coop Exchange hits £10m valuation in pre-seed funding round

Canadian insurer Co-operators led the investment, putting in over CA$2m to acquire a 12.4% stake

Trinidad and Tobago look at reforms to strengthen credit union sector

Proposals include establishing an Independent Co-operative Authority to regulate the country’s co-op sector

£5m resilience fund launched for credit unions and other community financers

Fair4All Finance has launched the project to help the sector and its borrowers through the cost…

End of year Q&A: Andrew Whyte, CEO, Association of Financial Mutuals

'We’ll continue to work together to make the case for the distinctive and vital contribution that…

MP introduces bill to modernise UK law on building societies

Julie Elliott's bill looks to level the playing field between building societies and banks over funding…

COP28: European co-op banks explore green finance and sustainable food

Food security has been a key topic at COP28, and the EACB panel explored the role…

Coventry Building Society is looking to buy Co-op Bank, reports claim

The reports have been welcomed by the Customer Union, which has been campaigning to return the…

Icmif launches benchmark for insurance mutuals to measure SDG performance

Latest figures from the apex show its members have aligned US$ 1,003bn with sustainable investment frameworks

Insurance mutuals take financial hit from increased risk, says report

The National Association of Mutual Insurance Companies study shows the sector is well capitalised despite the…

Ethical banking conference discusses role of financial institutions in driving sustainability

Febear's annual conference, hosted by the Cooperative Bank of Chania, discussed lending initiatives, innovation and communication

ICMIF announces AI initiatives for the insurance mutuals sector

Swiss insurer Die Mobiliar has introduced Mobi-ChatGPT, and a new platform from EY could offer the…