Category: Banking & Finance

Financial Sector Players Wary of Cyber Attacks on Savings and Credit Cooperatives
Credit Union, Banking & Finance

Financial Sector Players Wary of Cyber Attacks on Savings and Credit Cooperatives

August 30, 2023

Cybercrime and poor governance are key threats derailing operations and growth of Savings and Credit Cooperative Societies (SACCOs) in the country. Commissioner for Cooperatives David ... Read More

Lagos State to Partner Cooperatives to Stimulate Investments and Develop a More Inclusive and Sustainable Economy
Lagos, Agriculture

Lagos State to Partner Cooperatives to Stimulate Investments and Develop a More Inclusive and Sustainable Economy

August 28, 2023

...advocated for multi-sectoral partnerships as an essential synergy for accelerated sustainable development Lagos State Governor, Babajide Sanwo-Olu, has promised that his government will continue to partner ... Read More

New Zealand’s Co-operative Bank Dished out NZ$2.5m in Rebates to its Members 
Banking & Finance, Cooperative

New Zealand’s Co-operative Bank Dished out NZ$2.5m in Rebates to its Members 

August 10, 2023

...Reported an underlying Profit of $20.6m before Rebates and Tax New Zealand’s Co-operative Bank dished out NZ$2.5m (£122m) in rebates to its members last month.The rebate was ... Read More

Government Set up Committee to Revive the Cooperative Bank of Uganda
Banking & Finance, Cooperative

Government Set up Committee to Revive the Cooperative Bank of Uganda

August 8, 2023

...The committee set up to investigate the project is made up of leading co-operators and aims to learn from the mistakes of the previous co-op ... Read More

International Credit Union Day: 75th Anniversary to be Celebrated
Events, Banking & Finance

International Credit Union Day: 75th Anniversary to be Celebrated

July 25, 2023

...,,75 years is quite a milestone to observe and acknowledge the tireless effort of credit union employees and celebrate our members the world over The World ... Read More

Co-operative Bank Gets 100-Million USDollars From a Financial Consortium Led by DEG
Banking & Finance, Business

Co-operative Bank Gets 100-Million USDollars From a Financial Consortium Led by DEG

July 21, 2023

...Funds meant for onward lending mainly to Micro, Small, and Medium-sized Enterprises The DEG-led Consortium and Co-op Bank teams after signing the $100 million financing ... Read More

Co-operative and Community Finance (CCF) in a Partnership to Run a New £6m Fund
Banking & Finance, Business

Co-operative and Community Finance (CCF) in a Partnership to Run a New £6m Fund

July 21, 2023

...This is the first time we are able to offer blended finance across a wider breadth of Co-ops. - Tim Coomer Co-operative and Community Finance (CCF) ... Read More