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Bill

Banks (Financial Exclusion and Access to Finance) Bill 2024-26

Presented by Gareth Thomas (Labour (Co-op))
Private Members' Bill (under the Ten Minute Rule)
Summary

A Bill to require banks to measure and disclose their performance in reducing financial exclusion, including exclusion from affordable credit, and in improving access to finance for small- and medium-sized businesses; to establish a system for rating banks according to that performance; to require banks to cooperate with credit unions and community development finance institutions to address financial exclusion and improve access to finance for small- and medium-sized businesses; and for connected purposes.