Today, at the occasion of the EACB Regulatory Debate, the third Oliver Wyman Study on Co-operative Banks was unveiled.
This third report is the follow up of two successful surveys on Co-operative Banks and it is a timely contribution to explain the nature, the role, the commitments and the challenges of co-operative banks. Co-operative banking represents a significant share, and in some countries the majority part, of the banking industry. The co-operative banking model has performed reasonably well since the crisis and co-operative banks are looking forward to continuing to help “build a better world”. We welcome this report that analyses the present and looks at future opportunities and possible evolution for our sector.
We are convinced that the co-operative model as a distinctive model of banks can be a driving force to a more sustainable society and economy.
For the full Oliver Wyman Study, please click on the following: " Co-operative banking : leveraging the co-operative difference to adapt to a new environment "