Growing purpose-driven finance is a vital part of building a financial system that serves people and planet. In our new paper, Senior Fellow @GemmaLouiseBon1 explores the purpose-driven banking ecosystem in the UK and identifies key barriers to growth filab.uk/purposedriven

New paper from Finance Innovation Lab, written by @GemmaLouiseBon1, provides an overview of the purpose-driven banking ecosystem in the UK. While this sector is tiny vis-à-vis mainstream banking, ethical alternatives do exist & show that better banking is possible filab.uk/PDF2020

Great new report on banking futures

Fantastic new paper from Finance Innovation Lab @GemmaLouiseBon1 about the purpose-driven banking ecosystem in the UK. Argues that we should all look at where our money is and work to ensure that the 'ethical' choice is the default option. Great summary from Naomi Alexander Naidoo 🪬 in this thread ⬇️

Roger Mullin Transparency Task Force I hope community banks can play a part, c.f. South West Mutual avon mutual

Ralph Leishman Transparency Task Force South West Mutual avon mutual I fully support the development of community banks, and will be happy to discuss and see if I can help in any way.

@GemmaLouiseBon1 Finance Innovation Lab South West Mutual banc cambria avon mutual Marloes Nicholls my weekend reading - thx!

Ecologi 🌍 You definitely need to check out South West Mutual, avon mutual, banc cambria, and other regional mutual banks (that aren't technically banks yet, but they're working on it)! I really believe community banking is a cornerstone of a more equitable, greener future.

Horse has well & truly bolted. We will see more towns losing all their branches in Wales as will soon be the case in #Prestatyn. The answer lies in community banks, like banc cambria, avon mutual & South West Mutual, who are committed to delivering local service provision.

A pleasure to meet with avon mutual and find out about their plans for local banking, keeping Bristol money in the Bristol economy which means more local jobs.

avonmutual.org/post/avon-mutu…

Gareth Sandilands banc cambria avon mutual South West Mutual We have plans for putting branches across Wales. Very willing to discuss the need for facilities in Prestatyn.

Nice piece from the Financial Times on changes in #banking coming to a high street near you soon. References our work with ⁦banc cambria⁩ & sister mutual banks ⁦avon mutual⁩ & ⁦South West Mutual⁩ too! ft.com/content/7e482e…

Good to see the CBI championing a green inclusive economic vision for the next Weca Mayor.

Delighted to announce hiring our CEO Chris Weller - read a q&a with him in our latest update blog avonmutual.org/post/avon-mutu…

Wonderful to have such support for our regional mutual bank for the west of england - hear what people are saying here avonmutual.org/what-people-ar…

We are very pleased to be able to announce our great progress to launching the west of England’s regional community bank avonmutual.org/post/exciting-…

It was great to join #CCIN2022 Cooperative Councils’ Innovation Network yesterday - where we heard about what is needed to establish banking that meets the needs of local communities & the real economy. EACB banc cambria Monmouthshire Building Society South West Mutual avon mutual Northern Mutual & CSBA.

Amazing work being done by Bristol IFA Ken Hart to help Ukrainian refugees escape danger bbc.co.uk/news/live/worl…

Hi both yes indeed Evan is right our plan is very much still to be opening branches right across our region see your latest update avonmutual.org/post/exciting-…