Banking and Insurance

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£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…

Co-op Bank of Kenya named African SME financier of the year

'We are encouraged by this award as a demonstration that we have listened, studied and built…

New CEO for Belgian co-op bank NewB

Vincent Biauce has worked in the banking sector for more than 20 years and will be…

Icmif Global 500 report showcases world’s largest mutual and co-op insurers

Insurers on the list collectively wrote $1.3tn in insurance premiums in 2021, an 8% increase on…