$CBK

Commercial Bancgroup, Inc.

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No SEC Form 4 filings for $CBK in the last 30 days.

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The Co-operative Bank acknowledges breaches of anti-money laundering requirements

The Reserve Bank says it has filed civil court proceedings against The Co-operative Bank in Wellington High Court under the AML/CFT Act over three breaches dating back to at least 2020. The regulator alleges failures in transaction monitoring operation, assurance, and required record-keeping, leading to missed identification of higher-risk customers and transactions. The bank admitted liability; both parties will jointly recommend a $1.425 million penalty.

Banks boost lending as credit growth gathers pace

Greek and Cypriot banks are increasing lending, with credit growth expected to approach or exceed €15bn in 2026, according to Newmoney. First-quarter 2026 net credit expansion totaled €4.7bn; targets include Eurobank €3.8bn, NBG and Piraeus €3bn each, Alpha €3.5bn. UBS said March business loans rose 10.9% y/y and non-performing loans were 3.3% in Q4 2025.