BAKU, Azerbaijan–Credit unions have the opportunity to make a significant contribution to the development of the Azerbaijan’s agricultural sector, according to one CU official here.
CU News From Around the Planet
LONDON—The percentage of payments made with a mobile phone in U.K. stores has jumped from 1.3% in Q3 2016 to 5.6% in Q3 2018, a new report shows.
AUCKLAND, N.Z.–Five credit unions in New Zealand have announced plans to merge.
CHICAGO–There has been a significant upsurge in the number of the use of cryptocurrencies in international remittances, according to a new analysis.
BELIZE CITY, Belize–The 101-year-old CEO of a credit union here who was also a pioneer in this country’s CU movement has died.
MADISON, Wis. – The Basel Committee on Banking Supervisionhas exempted credit unions and other community-based depository institutions from many aspects of its disclosure rules and has made other disclosure requirements optional at the national-level, according to the World Council of Credit Unions.
WARSAW, Poland–At least a half-dozen individuals who once worked for this country’s financial regulator have been detained as part of an investigation into potential wrongdoing.
MADISON, Wis.–The World Council of Credit Unions has partnered on a new project called “Project Storm Break” that aims to raise funds by redirecting money that would otherwise be spent on printed holiday cards toward disaster relief.
LONDON–The winners of the Joe Biden Awards for Development Educator of the Year from around the world were presented during a ceremony here.
BRUSSELS —The European Parliament Credit Union Interest Group met here with the European Network of Credit Unions to discuss limiting regulatory burdens on credit unions as a means of promoting access to financial services for ordinary Europeans.