United Kingdom · Financial institution
Co-Operative Bank PLC
Legal name in the LEI recordTHE CO-OPERATIVE BANK P.L.C.
The Co-operative Bank p.l.c. is a public limited company registered in England and Wales, with its registered office in Manchester. Since 1 January 2025 it has been an indirect wholly owned subsidiary of Coventry Building Society, held through The Co-operative Bank Holdings p.l.c. It provides retail and SME banking, including current accounts, savings, mortgages and credit cards. It is proposed that its business will transfer to Coventry Building Society on 1 January 2027, subject to High Court approval.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CPBKGB22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of CPBKGB22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT
- Branch codes
- 4 branch codes
- Other BIC with this LEI
- BRITGB21
- BIC first registered
- 1979-02-05
- Last updated
- 2025-12-20
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% The Co-operative Bank Finance p.l.c.
Institution type
Commercial bank
Trades as The Co-operative Bank
- Standing
- Coventry Building Society acquired the bank on 1 January 2025. It is proposed that the bank's business, including the smile brand, will transfer to Coventry Building Society on 1 January 2027. The transfer is subject to a final High Court hearing on 2 December 2026.
- Ownership
- Coventry Building Society has held 100% of the bank since 1 January 2025, through The Co-operative Bank Holdings p.l.c. and The Co-operative Bank Finance p.l.c.
- Direct parent
- The Co-operative Bank Finance p.l.c. ↗, United Kingdom 100%
- Ultimate owner
- Coventry Building Society, United Kingdom
- Head office
- 1 Balloon Street, M4 4BE Manchester, United Kingdom
- Company register
- Company No. 990937, Registered in England and Wales (Companies House); FCA/PRA Financial Services Register No. 121885
Business lines
The bank serves personal, SME and corporate customers in the UK only, and residential mortgages make up most of its lending. According to the bank, it has applied a customer-led Ethical Policy since 1992.
Online
- Websites & references
- co-operativebank.co.uk ↗
intermediary.co-operativebank.co.uk ↗ mortgage intermediary site
Wikipedia ↗
Wikidata Q3520318 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 14 pages consulted
- co-operativebank.co.uk/
- co-operativebank.co.uk/about-us/our-business/directors/
- co-operativebank.co.uk/about-us/our-business/executive-management/
- co-operativebank.co.uk/about-us/corporate-governance/board-governance/
- co-operativebank.co.uk/about-us/investor-relations/
- co-operativebank.co.uk/about-us/investor-relations/financial-results/
- co-operativebank.co.uk/pdfs/bank/investorrelations/2025-h2-pillar-3-disclosures.pdf
- co-operativebank.co.uk/pdfs/bank/investorrelations/2025-ESG-Datasheet.pdf
- co-operativebank.co.uk/coventry-transfer/
- co-operativebank.co.uk/about-us/press-release/2026/customers-contacted-as-legal-process-begins-following-coventr
- co-operativebank.co.uk/about-us/press-release/2025/coventry-building-society-completes-acquisition-of-the-co-ope
- co-operativebank.co.uk/business/help-and-support/managing-your-account/ways-to-pay/international-payments/
- coventrybuildingsociety.co.uk/member/important-update.html
- en.wikipedia.org/wiki/The_Co-operative_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Andrea Melville
Bank Chief Executive Officer and Group Chief Commercial Officer
- Chair
-
Jo Kenrick
Chair of the Board
- Chief financial officer
-
Lee Raybould
Group Chief Financial Officer; Executive Director (appointed to the Bank Board 23 March 2026)
- Executive
-
Martin Stewart
Deputy Chair
- Executive
-
Chris Smart
Bank Chief Risk Officer and Group Head of Enterprise & Operational Risk
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United Kingdom
- Bank of England (Prudential Regulation Authority) Prudential supervisorCentral bankResolution
- United Kingdom
- Financial Conduct Authority ConductAML supervisor
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
The High Court allowed the Part VII transfer of the bank's business to Coventry Building Society to proceed, with a final hearing on 2 December 2026.
co-operativebank.co.uk ↗ -
Leadership
Lee Raybould, Group Chief Financial Officer of Coventry Building Society, joined the bank's board as an executive director on 23 March 2026.
co-operativebank.co.uk ↗ -
Leadership
Andrea Melville became chief executive officer, replacing Steve Hughes, who had served as interim chief executive since January 2025.
co-operativebank.co.uk ↗ -
Leadership
Chief Financial Officer Louise Britnell left the board on 31 March 2025, and Richard Hiom became interim CFO.
co-operativebank.co.uk ↗ -
Merger / acquisition
Coventry Building Society completed its acquisition of the bank. Chair Bob Dench and CEO Nick Slape stepped down, and Jo Kenrick became chair.
co-operativebank.co.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CPBKGB22XXX
- How the BIC breaks down
- CPBKBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800TLZ6PCLYPSR448
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1872
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- The Co-Operative Bank Finance P.L.C. · United Kingdom213800KNE8ER4N9BLF11 ↗
- Ultimate parent
- The Co-Operative Bank Holdings P.L.C. · United Kingdom213800MY2BSP459O8A22 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 1 BALLOON STREET FLOOR 6 MANCHESTER M4 4BE 101 UNITED KINGDOM
- Operational address
- 1 BALLOON STREET FLOOR 6 MANCHESTER MANCHESTER M4 4BE UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CPBKGB22XXX</BICFI>
<LEI>213800TLZ6PCLYPSR448</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CPBKGB22XXX</BICFI>
<LEI>213800TLZ6PCLYPSR448</LEI>
<Nm>CO-OPERATIVE BANK PLC</Nm>
<PstlAdr>
<TwnNm>MANCHESTER</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>1 BALLOON STREET FLOOR 6 MANCHESTER M4 4BE 101</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2010-11-01 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
Network
Branch network
All 4 branch BICs connect to the head office. No city, function or registration year splits them into groups.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| CPBKGB22COS | CBS SECURITIES MESSAGES | Manchester | 1 BALLOON STREET FLOOR 6 MANCHESTER MANCHESTER M4 4BE UNITED KINGDOM | 213800TLZ6PCLYPSR448 | 2025-09-20 |
| CPBKGB22OFS | OVERSEAS FINANCIAL SERVICES | Manchester | BALLOON STREET MANCHESTER MANCHESTER M60 4EP UNITED KINGDOM | 213800TLZ6PCLYPSR448 | 2023-06-07 |
| CPBKGB22REP | CHAPS CONTROL REPAIR AND RETURN | Manchester | BALLOON STREET MANCHESTER MANCHESTER M60 4EP UNITED KINGDOM | 213800TLZ6PCLYPSR448 | 2023-06-07 |
| CPBKGB22TGT | TARGET 2 | London | ST PAULS HOUSE 10 WARWICK LANE LONDON LONDON EC4M 7BP UNITED KINGDOM | 213800TLZ6PCLYPSR448 | 2023-06-07 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: The Co-Operative Bank · Public domain · Wikimedia Commons · original; Andrea Melville: co-operativebank.co.uk (official website) · original; Jo Kenrick: co-operativebank.co.uk (official website) · original; Lee Raybould: co-operativebank.co.uk (official website) · original; Martin Stewart: co-operativebank.co.uk (official website) · original; Chris Smart: co-operativebank.co.uk (official website) · original.
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