New global credit union statistical report now available
MADISON, WI (July 21, 2014) — World Council of Credit Unions has released its latest Statistical Report, which provides membership and financial data from credit unions and financial cooperatives worldwide. This year’s report includes information from 56,904 credit unions serving nearly 208 million members in 103 countries.
The most notable global change since 2012 was in membership growth, which grew by over 7 million new members. Asia, Latin America and Europe were the fastest growing world regions in terms of credit union membership. Also in 2013, worldwide assets were reported at US$1.7 trillion; savings at US$1.4 trillion; loans at US$1.1 trillion and reserves at US$171 billion. New countries reporting 2013 data included Rwanda and Zambia.
World Council reports data based on country responses to its annual survey and does not make estimates for non-reporting countries. The Statistical Reportprovides the most comprehensive data on the global credit union movement available and is cited widely by governments, international institutions and analysts as an expert resource.
Download a free copy of the 2013 Statistical Report at www.woccu.org/statreport or visitwww.woccu.org/intlcusystem to see historical data since 2005.
World Council of Credit Unions is the global trade association and development agency for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions’ financial performance and increase their outreach.
World Council has implemented more than 290 technical assistance programs in 71 countries.Worldwide, 57,000 credit unions in 103 countries serve 208 million people. Learn more about World Council’s impact around the world at www.woccu.org.