The corporate banking provider, which provides innovative financing solutions to businesses, has officially joined the eoa as a Supporter member.
This establishes a direct link between the corporate banking provider and the employee owned sector – and vice versa. They’ll become a familiar presence in both the eo Hub and at our in-person events.
“I’m absolutely thrilled to welcome Barclays Corporate Banking as members to the eoa,” said James de le Vingne, Chief Executive of the eoa.
“Not only does it represent a major vote of confidence in the eoa as the voice of the employee owned sector, but a powerful belief in employee ownership itself.
“I’ve no doubt that Barclays’ pioneering move will inspire other mainstream banks to follow, supporting our goal of propelling employee ownership into the mainstream.”
Joe Reid, Head of Retail and Wholesale for Yorkshire, North East, and Eastern at Barclays Corporate, said: “Barclays has joined the eoa as part of our commitment to supporting a diverse and resilient UK business landscape.
“Employee owned businesses are often characterised by strong stewardship, long-term thinking and a close alignment between the interests of employees, customers and the communities they serve.
“Our ambition is to be the bank of choice for these businesses – providing the insights, financing and strategic support they need at every stage of their growth.
“We believe this model can support more sustainable performance and deeper engagement, and we’re proud to support a sector that continues to play an increasingly important role in the UK economy.”