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The group intended to sell its life insurance business to Royal London, releasing about £200m in capital, and was planning to dispose of its other insurance business. Further financial restructuring was required, [13] and the option of the Bank of England taking over the ownership of the bank under the Banking Act 2009 had been considered. [16]
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.
Unity Trust Bank plc provides specialist business banking services to trade unions, charities and other organisations that operate in the not-for-profit sector in the United Kingdom and, since 2015, its remit has expanded to include profit-with-purpose businesses. Founded in 1984, head office is located at Four Brindleyplace, Birmingham.
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 ...
Smile is a British banking brand that operates as a trading division of The Co-operative Bank. It started as the UK's first fully digital bank in 1999, [ 1 ] offering full-service current accounts, savings, ISAs, investments and credit cards.
The Clydebank Co-operative Society Limited is the smallest consumers' co-operative in Scotland, based in the town of Clydebank near Glasgow. Along with Scotmid and The Co-operative Group, it is one of three consumer co-operative retail societies in Scotland, and the only one not merged into a regional or national society.
They are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws (Application to Cooperative Societies) Act, 1965. [13] Anyonya Sahakari Mandali , established in 1889 in the province of Baroda , is the earliest known cooperative credit union in India.
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