Co-operative Financial Services wins banking award

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Co-operative Financial Services wins banking award

Co-operative Financial Services (CFS) has been recognised for its leadership in the social and environmental banking sector by being given a prestigious global award.

The company was named FT Sustainable Bank of the Year by a panel of top financiers and was presented with the International Finance Corporation-backed accolade at a ceremony in London last night (June 3rd).

Neville Richardson, chief executive of CFS, expressed his delight at the recognition and thanked his 12,000 colleagues at the bank.

"This outstanding achievement takes us a step closer in achieving our vision of becoming the UK's most admired financial services business," he remarked.

The award comes a week after the organisation claimed newly launched Co-operative Bank and Britannia mortgages were market-leading.

It unveiled 2.95 per cent two-year and 3.99 per cent three-year fixed-rate products at a 75 per cent loan-to-value ratio on May 26th. Both loans had an application fee of £999.

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