Launch of new ILO COOP Study - Resilience in a downturn: The power of Financial Cooperatives - Meeting summary

Prof Johnston Birchall, author of the new ILO Cooperative Branch study, presented his latest study on the resilience of financial cooperatives during economic crisis. He put forward new data showing how savings and credit cooperatives, cooperative banks and credit unions have grown in the recent crisis, kept credit flowing especially to SMEs and remained stable across regions of the world. He was joined by two discussants - Bouke de Vries, Head of Financial Sector Research of Rabobank Netherlands, a cooperative bank and the third largest bank in the Netherlands, and Jean Louis Bancel, President, Crédit Coopératif France, one of France’s top financial institutions.

Presentation | 07 November 2012