training report on cooperative bank pdf download
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The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, based in Balloon Street, Manchester. The bank markets itself as an ethical bank, and seeks to avoid investing in companies involved in certain elements of the arms trade, fossil fuel extraction, genetic engineering, animal testing and the use of exploited labor as established in its ethical policy The ethical policy was introduced in 1992 and was incorporated into the Bank's constitution in 2013. In 2002, the parent company The Co-operative Group Limited placed the bank and the insurance cooperative under the control of a newly incorporated holding company, cooperative . Financial services, which became the cooperative banking group in 2011.

As Britain's seventh largest lender, the majority of the bank's income comes from interest on loans. In 2013-14, the bank was the subject of a rescue plan to address a capital shortfall of around £ 1.9 billion. The bank mainly raised capital to cover the deficit of hedge funds, while The Co-operative Group became a minority shareholder with a 20% stake in the bank. Following the restructuring and formation of a new holding on September 1, 2017, the Cooperative Group no longer holds a stake in the bank and the relationship agreement between the two organizations will end in 2020.
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