SCDCC Bank posts profit of Rs. 12.77 cr - The Hindu

SCDCC Bank posts profit of Rs. 12.77 cr
The Hindu
The South Canara District Central Cooperative Bank Ltd. has registered a profit of Rs. 12.77 crore in 2011-12. Bank president MN Rajendra Kumar told presspersons on Saturday that the profit was not commensurate with the high transaction of the bank ...

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After the co-op collapse - Kennebec Journal


Kennebec Journal
After the co-op collapse
Kennebec Journal
Some of the workers found new jobs, the grocers found new suppliers and the warehouse is now part of Pine State Trading Co. The cooperative's shuttering began in earnest in late April 2011, when a judge appointed a receiver to wind up the business ...
Maine's Associated Grocers: What's left? Press Herald

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MICROCAPITAL BRIEF: RBI Wants Microfinance Institution Deposit-Taking Cut From ... - MicroCapital

MICROCAPITAL BRIEF: RBI Wants Microfinance Institution Deposit-Taking Cut From ...
MicroCapital
Mr Sinha reportedly stated that deposit-taking should be limited to traditional banks. He also said MFIs need to improve upon issues such as concentration risk, corporate governance for client protection and reduction of operational costs.

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Desjardins Group posts strong performance in the first quarter of 2012 ... - PR Newswire (press release)

Desjardins Group posts strong performance in the first quarter of 2012 ...
PR Newswire (press release)
"In this the International Year of Cooperatives, these results show that Desjardins is capable of performing at a high level both as a cooperative and financially. We also contribute in a tangible way to the sustainable prosperity of our members, ...

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Desjardins Group posts strong performance in the first quarter of 2012 ... - Sacramento Bee

Desjardins Group posts strong performance in the first quarter of 2012 ...
Sacramento Bee
"In this the International Year of Cooperatives, these results show that Desjardins is capable of performing at a high level both as a cooperative and financially. We also contribute in a tangible way to the sustainable prosperity of our members, ...

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Rabobank to Take Break From Bond Sales as 2012 Funding in Place - Bloomberg

Rabobank to Take Break From Bond Sales as 2012 Funding in Place
Bloomberg
Rabobank, a Dutch cooperative made up of independent lenders, doesn't trade on the stock market. LTRO Effects “You never know what's going to happen in the near future,” said Bruggink, who became CFO in 2004. “We saw the opportunity and we took it.

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QHAWE SPEAKS ON E17M FRAUD - The Swazi Observer

QHAWE SPEAKS ON E17M FRAUD
The Swazi Observer
CHANNEL S boss Qhawe Mamba, who is charged with defrauding unsuspecting members of the public E17 million through operating a pyramid scheme or illegal deposit taking, told acting High Court Judge Phillip Levinsohn that his case was highly personalised ...

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Co-operative Bank ends interest-only mortgages - Finance Markets


Finance Markets
Co-operative Bank ends interest-only mortgages
Finance Markets
The Co-operative Bank will stop offering interest-only mortgages from next Tuesday, but the decision will not affect existing customers. A recent report by the Independent on Sunday suggested that a quarter of a million people with interest-only ...
Households feel pinch as lenders tighten mortgages Financial Times

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Lending a small hand - Fort Wayne Journal Gazette

Lending a small hand
Fort Wayne Journal Gazette
To become a member, one must keep at least $25 on deposit. The money – the price of one share in the cooperative organization – is returned when the member closes his account. The “medium-sized” credit union can't afford a splashy marketing campaign to ...

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Lloyds Banking Group ends exclusivity talks on Verde branch deal - Business7

Lloyds Banking Group ends exclusivity talks on Verde branch deal
Business7
By Scott McCulloch Lloyds Banking Group has ended its exclusivity agreement with the Co-operative Group over the sale of 632 branches. The Co-operative Group entered into exclusive talks with Lloyds in December of last year to buy the branches.

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