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In 2007, the Group agreed to outsource its information systems to Xansa (now Sopra Steria).In 2008, Co-operative Financial Services was Business in the Community's Company of the Year, having been recognised at their Awards for Excellence gala dinner for making sustainable development a top priority in how it operates and in the products and services offered to its customers.
It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. [2] The bank has introduced Agency banking model and has a deep customer base in Kenya with over 7.5 million accounts as of December 2018. In 2010, the bank was awarded "Best Bank of Kenya" by the London Financial Times due to their excellent growth. [3]
The Co-operative Bank p.l.c. [1] is a British retail and commercial bank based in Manchester, England.Established as a bank for co-operators and co-operatives following the principles of the Rochdale Pioneers, the business evolved in the 20th century into a mid-sized British high street bank, operating throughout the UK mainland.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Principles 2-4 of the "Statement on the Co-operative Identity" can be interpreted to require that members must control both the governance systems and capital of their cooperatives. A cooperative bank that raises capital on public stock markets creates a second class of shareholders who compete with the members for control.
Co-operative Bank or Cooperative Bank may refer to: The Co-operative Bank, a bank in the United Kingdom; Coop Bank, a bank operated by Coop amba in Denmark. The Co-operative Bank (New Zealand), New Zealand bank, formerly known as PSIS; Co-operative Bank Ltd, Myanmar bank; Cooperative Bank of Kenya, Kenyan bank
The Co-operative Bank is a New Zealand based and registered bank. It provides everyday banking, deposits, savings, loans, insurance and small-business banking throughout the country. Originally set up in 1928 as the Public Service Investment Society and subsequently renamed PSIS, the Co-operative Bank became a registered bank in October 2011. [2]
The bank was established in 1992 under the name Eesti Krediidipank ('Estonian Credit Bank') [3] In 2017 Coop Eesti bought Eesti Krediidipank and the bank was renamed Coop Pank. [ 1 ] Coop Pank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is ...