Join us in Bournemouth to discuss the economic and social case for regional banks and to explore the opportunities and challenges of creating a co-cooperative bank dedicated to the South West of England.
This is the final of a series of events across the South West of England, bringing together local stakeholders and RSA Fellows to explore the development of a bank that will put the welfare of its local communities before profits and drive inclusive growth in the region. Our main speaker for this event will be Tony Greenham, former Director of Economics at the RSA and Founding Director of South West Mutual.
Regional Banks Driving Inclusive Growth
At the RSA we are supporting a new bank for the South West as part of a wider movement led by the Community Savings Bank Association to develop a UK-wide network of customer-owned, regional banks. By pursuing a different business model these banks can bring a range of social and economic benefits to the region, including:
- Tackling financial exclusion through providing universal access to banking facilities for all citizens
- Increasing productivity by investing in SMEs, with well informed decisions made by local branch managers
- Creating new local jobs with Head Offices based in the region rather than in London
As well as localised benefits, the resilience of the financial system nationally can be improved by mission-led regional banks which diversify the sector.
This event is being held in partnership with Dorset LEP and Bournemouth University.
Location: Bournemouth University, Fern Barrow, Poole BH12 5BB