Banking and Insurance

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Co-operators reports soaring demand for community support

The Canadian insurer says economic and social challenges are putting increased pressure on frontline organisations

New Zealand’s Co-op Bank to pay $1.4m penalty over monitoring failures

The Reserve Bank filed action over three breaches of core requirements under the Anti-Money Laundering and…

Kenyan government reopens sacco registration after suspension

'Operational and governance concerns' affecting several institutions have prompted stricter new rules for the sector

Nationwide partners with Resonance to unlock empty homes

The mutual is working with the social impact fund to create affordable homes

Icmif Foundation reports on inclusive insurance for world’s underserved

The 2025 report highlights significant growth, strengthened partnerships, and deepening climate mitigation measures

P&V Group becomes first Belgian insurer to gain climate action plan approval

Its science-based climate action plan positions mutual ownership as the key to long-term, credible climate action'

BSA chief sets out vision for mutual financial services

In her first conference speech for the Building Societies Association, Sarah Harrison highlighted links with the…

Co-operative Bank of Tanzania reports growth after its first year

It has onboarded over 150,000 individual customers and 450 saccos, while disbursing over TSh120bn in loans

Ecology Building Society opens its first ever branch

The mutual, formed in 1981, had favoured a direct-to-customer model but is seeking to fill a…

Restructure ahead for Co-op Bank of Kenya

The move will involve 'synergising group operations for further growth and expansion'

Co-op banking of the African diaspora has implications beyond finance

A study of the informal co-op banks and rotating savings and credit associations (Roscas) used by…

Co-op Bank of Kenya reports 15.8% profit hike to KSh40.3bn

The bank says this is its best-ever performance, following its transformation agenda