Co-operative enterprises
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Co-op banks: driving societal and economic growth

15 May 2017

The 2016 report from the European Association of Co-operative Banks has been published.

The report contains a review of selected activities and achievements of the Association in 2016 as follows:

  • Co-operative banks entering in the Banking Union
  • Developments affecting the retail banking offer of co-operative banks
  • Co-operative banks as socially responsible banks
  • Communication and research activities of the EACB

The report also contains the table of key performance indicators for co-operative banks in 2015 that illustrates the strength of the sector. Co-operative banks serve 210 million customers and 79 million members, they manage more than 7 trillions Euro in banking assets and safeguard 3.5 trillion Euros in deposits. They extend loans for more than 3.9 trillions Euros.

Click here to read the full report.