Costa Rica: Coopemex Cooperative IntervenedThe financial Superintendence (Sugef) has intervened Coopemex, a savings and loans cooperative, for hiding losses.Thursday, February 18, 2010
With this decision, 88.000 investors will lose access to their funds at the entity, for at least 90 days. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?More Business for CooperativesNovember 2017 A bill in Costa Rica proposes allowing cooperatives to carry out activities which up until now were prohibited, such as the public offering of securities issues, administration of trusts, factoring and financial leases. Order to Liquidate Cooperative in PanamaMarch 2013 The Panamanian Autonomous Cooperative Institute yesterday ordered the liquidation of the Savings and Credit Cooperative for Employees of the Social Security Fund, due to irregularities in its operations. Financial Cooperatives in Costa RicaOctober 2012 For the volume of assets and loan portfolios they manage, cooperatives together make up the fourth largest financial operator ivn the country. Credit Unions in Guatemala seeking membersOctober 2008 Credit Unions iin Guatemala are looking for new members, after being in the non-traditional financial market with 800 thousand members for 45 years.
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