The governor of the Bank of England has signed the Armed Forces Covenant.
The covenant aims to help members of the armed forces community gain the same access to government and commercial services as other citizens.
Support is provided across a number of areas, including education and family well-being, having a home, starting a new career, access to healthcare, financial assistance, and discounted services.
“I am proud that today the Bank of England has entered into the Armed Forces Covenant,” said Andrew Bailey, governor of the Bank of England. “We recognise the value serving personnel, reservists, veterans and military families bring to the Bank.
“By signing the Covenant, we hope to demonstrate our appreciation of their contributions and how we hope to support them in the future.”
Latest News
-
Engine by Starling signs ‘largest-ever’ deal with Tangerine Bank
-
ClearBank installs new scalable reconciliation platform
-
UK mobile networks commit to blocking foreign bank impersonation calls in ‘landmark agreement’
-
UK pilots bank access scheme for homeless people as Financial Inclusion Strategy launches
-
Santander rolls out international growth platform for businesses
-
Klarna partners with Marqeta to roll out debit card across Europe
Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories