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- The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester. The Co-operative Bank is the only UK high street bank with a customer-led Ethical Policy which is incorporated into the Bank's Articles of Association. The Ethical Policy was introduced in 1992 and incorporated into the Bank's constitution in 2013. The Ethical Policy was revised and expanded in 2015 in line with over 320,000 customer responses to a poll. The latest Values and Ethics report was published in May 2020. The Bank does not provide banking services to organisations that conflict with customers’ views on a comprehensive range of issues, for example: human rights, environmental stability, international development and animal welfare, or those involved in irresponsible gambling or payday lending as stated in its ethical policy. Despite its name, the bank has never been a cooperative itself, although it was partly owned by The Co-operative Group until 2017. In 2013–14 the bank was the subject of a rescue plan to address a capital shortfall of about £1.9 billion. The bank mostly raised equity to cover the shortfall from hedge funds and banks, while The Co-operative Group, which had previously owned the bank outright, became a minority shareholder holding a 20% stake in the bank. Following restructuring and the formation of a new holding company on 1 September 2017, the Co-operative Group no longer owns a stake in the bank and the relationship agreement between the two organisations ended in 2020. The Customer Union for Ethical Banking have expressed their desire for the bank to return to co-operative ownership in the future. The Bank is now a plc with debt securities listed on the London Stock Exchange. Its equity is not listed. The Bank's sole shareholder is the Co-operative Bank Finance plc. The sole shareholder of the Co-operative Bank Finance plc is the Co-operative Bank Holdings Ltd which is a private company limited by share capital. According to the Bank's 2019 accounts, the holding company is owned by hedge funds and other asset management companies. (en)
- The Co-operative Bank est un groupe bancaire et financier coopératif anglais, dont le siège social est situé à Manchester (Royaume-Uni). Depuis 1992, la banque se présente comme étant une société éthique, qui se refuse d'investir dans un certain nombre de secteurs (armement, génie génétique, activités pouvant aggraver le changement climatique, expérimentation animale, atelier de misère, etc.). Endettée, la dette de la banque a été restructurée, en octobre 2013, par le fond vautour Aurelius Capital Management. (fr)
- De Co-operative Bank gevestigd in Manchester is een coöperatieve Brits bank met strenge principes van ethisch bankieren. De bank investeert niet in ondernemingen die betrokken zijn bij wapenhandel, genetische manipulatie, dierproeven enz. (nl)
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- CWSLoan and Deposit Dept. (en)
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| dbo:industry
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- 3350 (xsd:nonNegativeInteger)
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- 55678 (xsd:nonNegativeInteger)
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- CWS Loan and Deposit Dept. (en)
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- 0001-11-08 (xsd:gMonthDay)
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- The bank's headquarters on Balloon Street, Manchester (en)
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| dbp:industry
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| dbp:keyPeople
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- Bob Dench (en)
- Nick Slape (en)
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| dbp:locationCity
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- 1 (xsd:integer)
- Manchester (en)
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- The Co-operative Bank plc (en)
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| dbp:owner
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- (en)
- The Co-operative Bank Holdings Ltd (en)
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| dbp:products
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- dbr:Retail_banking
- Credit cards (en)
- Loans (en)
- Commercial banking (en)
- Mortgage loans (en)
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| rdfs:comment
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- The Co-operative Bank est un groupe bancaire et financier coopératif anglais, dont le siège social est situé à Manchester (Royaume-Uni). Depuis 1992, la banque se présente comme étant une société éthique, qui se refuse d'investir dans un certain nombre de secteurs (armement, génie génétique, activités pouvant aggraver le changement climatique, expérimentation animale, atelier de misère, etc.). Endettée, la dette de la banque a été restructurée, en octobre 2013, par le fond vautour Aurelius Capital Management. (fr)
- De Co-operative Bank gevestigd in Manchester is een coöperatieve Brits bank met strenge principes van ethisch bankieren. De bank investeert niet in ondernemingen die betrokken zijn bij wapenhandel, genetische manipulatie, dierproeven enz. (nl)
- The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester. The Co-operative Bank is the only UK high street bank with a customer-led Ethical Policy which is incorporated into the Bank's Articles of Association. The Ethical Policy was introduced in 1992 and incorporated into the Bank's constitution in 2013. The Ethical Policy was revised and expanded in 2015 in line with over 320,000 customer responses to a poll. The latest Values and Ethics report was published in May 2020. (en)
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| rdfs:label
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- The Co-operative Bank (fr)
- Co-operative Bank (nl)
- The Co-operative Bank (en)
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- The Co-operative Bank plc (en)
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