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Translations for „urban credit cooperative“ in the English » German Dictionary (Go to German » English)

urban credit cooperative N INV-FIN

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
In 1986 there were more than 1,100 urban credit cooperatives, which held a total of 3.7 billion in deposits and made loans worth 1.9 billion.
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Bank officials therefore encouraged the expansion of urban credit cooperatives as a valuable addition to the banking system.
en.wikipedia.org
Urban credit cooperatives were a relatively new addition to the banking system in the mid-1980s, when they first began widespread operations.
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