Kerala Bank is number one in Asia in financial services sector

Kerala Bank is number one in Asia in financial services sector
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Thiruvananthapuram ∙ In the assessment of World Cooperative Monitor, Kerala Bank has been awarded the first position in Asia in the financial services sector. For the third time in a row, Uralungal Labor Contract Cooperative Society came second at the international level. Kerala Bank has been ranked 35th in the list of 300 largest cooperatives in the world in 7 different sectors. It also reached the 7th position in the world in the financial services sector. Kerala Bank is the fourth largest financial services institution in India.

Uralungal is recognized for having the highest turnover in the world in the industrial and essential services sector. Cooperatives are ranked by the World Cooperative Monitor, an annual report jointly published by the International Cooperative Alliance and the European Research Institute on Cooperatives and Social Enterprises.

Minister VN Vasavan said that the brilliant achievement achieved by the two movements is a testimony of Kerala nurturing cooperative movements.

English Summary: Kerala Bank: World cooperative monitor report


The article is in Malayalam

India

Tags: Kerala Bank number Asia financial services sector

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