Relationship between ICBA and NAFSCOB

The ICA currently has around 80 members in the financial services sector and represents thousands more indirectly through its members who are national-level apex federations. Many of these members, especially in the Americas and Asia-Pacific region, have requested to become a member of ICBA and/or have requested information, networking and/or support in this sector. The ICA Board, at its meeting in Matera on 28 March 2018, approved the Governance Committee’s recommendation to reorganize ICBA, as soon as possible in 2019. Furthermore, having verified that the last ICBA General Assembly elections recorded in ICA General Assemblies were in 2011, the Governance Committee has determined that the ICBA Presidency is presently vacant, and recommends that the ICA global office convene an ICBA General Assembly in October in Kigali and a call for candidates for the ICBA Presidency and Board.

AIMS:

As a global organization for cooperative banks, ICBA has four key aims:

• To facilitate the promotion at the international and regional levels of the distinctive cooperative values of cooperative banks and of the advantages of using them over other banks;
• To facilitate and encourage the exchange of information amongst members on key cooperative banking issues and foster inter-cooperation in the finding of solutions
• To support regional committees and their members, individually or collectively with specific challenges;
• To encourage inter-cooperation with other types of cooperatives and various bodies of the ICA