The bank reported an underlying profit of $20.6m before rebates and tax
Banking and Insurance
All Banking and Insurance news articles
Show filtersShaun Tarbuck to retire as ICMIF chief, with Liz Green taking the reins
Tarbuck officially steps down in November 2024 and will stay on part time in an advisory/ambassadorial…
Building societies bring mutual values to bear on economic crisis
'The culture, behaviour and decisions made by building societies, credit unions and co-ops are different because…
Credit union legislation granted royal assent in Parliament
The Financial Services and Markets Act 2023 is 'pivotal' for credit unions – but fails other…
Mutual and co-operative insurers continue to grow global market share
According to a new ICMIF report, the market share of mutual and co-operative insurers was 26.2%…
Desjardins backs wind farms scheme in eastern Quebec and the Magdalen Islands
The scheme backed by the Canadian finance co-op includes building four wind farms with a combined…
Annual report from Canada’s Co-operators highlights climate friendly initiatives
The insurer, which says it is currently 100% carbon neutral in its operations, has been investing…
Boost for mutual sector as building societies beat banks on savings balances
'In 2022, building societies offered higher savings rates than those in similar accounts with the major…
European launch for BCCM’s new tool to measure value of co-op businesses
Mutual Value Measurement was developed after a two-year research project led by Monash University involving 13…
Annual report on Europe’s co-op banks highlights work on key policy areas
The EACB says it has carried out advocacy work on issues such as financial stability, digital…
New Zealand’s Co-operative Bank tops customer satisfaction survey
The bank ranked first in each of the 13 major satisfaction areas, including value for money,…
