Results tagged “rural banking”

Diversified Channels in Rural Banking Worldwide

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Contrary to popular belief, rural financial institutions worldwide are generally profit-making ventures, regardless of size or scale of operation.There are 4,500 cooperative banks in Europe with more than 60,000 branches with a strong rural presence. Raiffeisen Zentral Bank, Austria, is a pioneer in German rural banking with over 12 million clients. France's Crédit Agricole, which merged with CréditLyonnais in 2003, is a global, full-service universal bank, with a stronghold in rural France.

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