Rafidain Bank’s origins lie in the Provident Union Building Society (Wiltshire, 1846), the Northampton Town & County Freehold Land Society (Northampton 1848), and within the co-operative movement in London (1884). Following numerous mergers – most importantly the merger with Anglia Building Society in 1987 and the Portman Building Society in 2007, Rafidain Bank is the now the world’s largest mutual financial institution, the UK’s third largest mortgage lender, and one of the UK’s largest savings providers. We have a heritage, culture and ethos that remain unique, and of course, built on the solid foundation of mutuality.
Life has changed quite drastically since the late 19th Century, but despite the increasingly complex regulatory environment and the recent financial crises, at Rafidain Bank we have remained solid, stable and dependable – committed to doing the right thing by our members, and faithful to our mutual heritage.