CBDA

The Co-operative Banks Development Agency was established to regulate, promote and develop co-operative banking, including deposit-taking and lending co-operatives.

Their vision is to foster 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 provide liquidity support to registered co-operative banks through loans or grants, and

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 programs

  • Supervision and regulation of co-operative banks, representative bodies and support organisations
  • Capacity building, information for and promotion of co-operative banking