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Co-operative Banks Development Agency : Home

Introduction
The Co-operative Banks Development Agency was established to regulate, promote and develop co-operative banking, including deposit-taking and lending co-operatives.
 
Our Vision
A strong and vibrant co-operative banking sector that broadens access to and participation in diversified financial services towards economic and social well-being.
 
Why we were created
  • To register, regulate and supervise co-operative banks
  • 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 organisations
  • 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
  • Processing and registering applying financial co-operatives as co-operative banks
  • 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 programmes and delivering existing capacity enhancing support programmes
 
Our programmes
  • Supervision and regulation of co-operative banks, representative bodies and support organisations
  • Capacity building, information for and promotion of co-operative banking
 




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