Cooperative banking
Type of retail or commercial bank organized cooperatively
Nº Q3277997 ★★★
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Cooperative banking
Type of retail or commercial bank organized cooperatively
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.
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From Wikipedia
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses.
Text: Wikipédia, CC BY-SA 4.0. · Image: Florian Hurlbrink (CC BY-SA 4.0) ·