|
 Co-operative Banks
Development Agency
|
|
|
|
|
|
|
Co-operative Banks Development Agency : Home
|
Introduction |
|
The co-operative Banks Development Agency was established to promote and develop co-operative banking. Including deposit-takers and lending co-operatives. |
|
|
|
Our Vision |
|
To facilitate financial inclusion and economic transformation while ensuring a sustainable co-operative banking sector that empowers communities. |
|
|
|
Why we were created |
|
- To promote, register and regulate representative bodies
- To facilitate, promote and fund education and training to enhance the work of co-operative financial institutions
- To accredit and regulate support organizations
- To provide liquidity support to registered co-operative banks through loans or grants, and
- To manage a deposit insurance fund
|
|
|
|
Who we work with |
|
- Co-operative banks registered with the supervisors of co-operative banks
- Financial co-operatives seeking to increase their capacity and work towards becoming co-operative banks
- Support organisations, representative bodies and regulatory authorities operating within the sector
|
|
|
|
Our current focus |
|
- Assist applying co-operative financial institutions and co-operative banks register with the Prudential Authority
- Consultation with a broad range of stakeholders within the sector to understand the regulatory, developmental and support needs of financial co-operatives
- Piloting new support programs and delivering existing capacity enhancing support programs
|
|
|
|
Our programmes |
|
- Regulation of representative bodies and support organizations.
- Capacity building through direct technical assistance and training, information for and promotion of co-operative banking.
|
|
|
|
|
