Bank for Cooperatives

A Bank for Cooperatives is a specialized financial institution that provides banking services tailored to cooperative organizations, such as agricultural, credit, or consumer cooperatives. Its primary role is to support these groups with loans, savings accounts, and financial guidance, helping them grow and serve their members effectively. Unlike regular banks, it focuses on fostering cooperative principles—mutual benefit, democratic control, and community development—by offering financial solutions aligned with their unique needs and values. This structure promotes economic development within cooperative communities and strengthens their capacity to operate sustainably.