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Recent announcements

May 2013

The Co-operative Banking Group Statement on Moody’s Downgrade
The Co-operative Banking Group has issued the following response to the recent Moody’s rating agency downgrade

Barry Tootell Leaves The Co-operative Banking Group
Barry Tootell, CEO, The Co-operative Banking Group, has chosen to step down from the business and from the Board of The Co-operative Bank plc

March 2013

Non Core Banking Losses Adversely Impact Group Profits
Preliminary results announcement

Royal London announces signing of agreements with The Co-operative Banking Group.
Royal London and The Co-operative Banking Group have today announced the signing of agreements for Royal London to acquire The Co-operative’s life insurance and asset management businesses.

December 2012

Consumers opt for a frugal festive season... but turkey's still on the menu
New research reveals that almost two thirds (60%) of UK adults will be sticking to the same Christmas budget as last year, with nearly a third (29%) spending less.

September 2012

Industry failure on financial inclusion forces the Co-operative Bank to review its basic bank account
In response to a lack of positive industry action on the issue of basic banking**, The Co-operative Bank today announces a change to its basic bank account – Cashminder, for new customers.

August 2012

Co-operative Bank Interim Financial Report 2012
The Co-operative Group, the UK's largest mutual business, today 23rd August 2012, releases its interim results for the 26 weeks ended 2 July 2012, which consolidate the results of The Co-operative Banking Group (CBG).

July 2012

Lloyds Banking Group Announcement
The Co-operative Group and Lloyds Banking Group agree non-binding heads of terms for the acquisition of the Verde business

June 2012

Statement re: Lloyds Banking Group branch assets
The Co-operative Group (“the Group”) today confirms that it has made good progress in the process currently being run for the sale of Lloyds Banking Group (“Lloyds”) branch assets and that the Group and Lloyds now have an understanding on the commercial terms of the transaction

May 2012

Changes to our telephone numbers
The Co-operative Bank is changing several of the telephone numbers which you may use to contact us from 0845 to 0844 numbers.

March 2012

The Co-operative Group delivers solid results in line with expectations
Our preliminary results for The Co-operative Group for the 52 weeks ended 31 December 2011 have now been published.