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Official website. The Coventry Building Society is a building society based in Coventry, England. It is the second largest in the United Kingdom with total assets of more than £62 billion at 31 December 2023. [2] It is a member of the Building Societies Association.
Coventry Building Society has finalised its £780m deal to buy the Co-operative Bank, but will not be giving its members a vote. The purchase is subject to approval from financial regulators,...
Coventry Building Society has agreed a potential takeover of rival high street lender The Co-operative Bank for up to £780 million, the companies have announced.
April 18, 2024 at 10:22 PM. Coventry Building Society has agreed a potential takeover of The Co-operative Bank in a deal worth up to £780m. The building society confirmed that it had...
Website. www .coventrybuildingsocietyarena .co .uk. The Coventry Building Society Arena (often shortened to the CBS Arena or just simply Coventry Arena, and formerly known as the Ricoh Arena) is a complex in Coventry, West Midlands, England.
The other main class of consumer financial service organisation in the United Kingdom is the building society. The building society sector has become much smaller with fewer building societies. This was caused, firstly, a number of building societies demutualising in the 1980s and 1990s and subsequently, taken over by banks.
Building society. A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending. They exist in the United Kingdom, Australia and New Zealand, and formerly in Ireland and several Commonwealth countries, including South ...
On 24 May 2024, Coventry Building Society finalised its takeover of the bank, and announced that it would not be giving its members a vote on the deal. The purchase is subject to approval from financial regulators, but is expected to be completed in early 2025.
David Thorburn is a Scottish-born banker who is the chair of the board at the Coventry Building Society. His earlier roles in British banking include the position of chief executive at Clydesdale Bank and Yorkshire Bank, subsidiaries of the National Australia Bank .
Coventry Stadium is sponsored by Coventry Building Society, which entered into a ten-year naming rights deal in 2021, taking over from previous sponsor Ricoh, [93] although for the duration of the Commonwealth Games it will be known simply as Coventry Stadium.