The ICA was pleased to welcome another member this month - the Network Consolidated Cooperative Bank (NCCB) from the Philippines.
NCBB was formed through the merger of six cooperative banks with support from the National Confederation of Cooperatives (NATCCO).
With 907,599 individual members and 175 active member societies, the bank provides services such as deposit-taking, loans and trade finance for primary members and other clients.
It joined the ICA to be part of the global cooperative movement and contribute to the ICA Asia-Pacific Banking Committee to exchange knowledge with other banking or financial cooperatives.
The latest ICA membership statistics are: 318 member organisations of which 276 are full members and 42 are Associate Members from 112 countries.
Photo: Manilla (c) Andrew Moore