CORPORATIVE PRESENTATION in brief Brief history of Coopenae Who is Coopenae? Coopenae is a private financial institution (like a National Credit Union in USA). 1966, was founded in July 1966.(45 years old) 1983, started the process of specialization as a financial institution. 1994, began being supervised by SUGEF. 1999, successfully overcame the crisis in the cooperative sector. 2001, started leading the market and reached a market share of 12% (at this time 23%). 2004, the target market was expanded. 2008, insurance market and homebanking 2009, Net - Coopenae
15
Embed
CORPORATIVE PRESENTATION in brief Brief history of Coopenae Who is Coopenae? Coopenae is a private financial institution (like a National Credit Union.
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
CORPORATIVE PRESENTATION in brief
Brief history of Coopenae Who is Coopenae? Coopenae is a private financial
institution (like a National Credit Union in USA). 1966, was founded in July 1966.(45 years old) 1983, started the process of specialization as a financial
institution. 1994, began being supervised by SUGEF. 1999, successfully overcame the crisis in the cooperative
sector. 2001, started leading the market and reached a market
share of 12% (at this time 23%). 2004, the target market was expanded. 2008, insurance market and homebanking 2009, Net - Coopenae
CORPORATIVE PRESENTATION in brief
Mission
Best option. Increase the quality of life of our associates.
Everyone on the staff must work hard and believe in their integral development as a human being.
We will do our job day by day as professionals, with excellence in customer service, sensitivity and generating trust with the management of the company.
CORPORATIVE PRESENTATION in brief
VISIÓN
We will be a leading cooperative and a model in the global context, where the most important goal (WIG) is the full satisfaction of the associates as both owners and clients.
Vision
CORPORATIVE PRESENTATION in brief
Background information of Costa Rica
Population, approximately 4.5 million
Land area, 51.000 square kilometers
Annual inflation, average 10% since 2006, for 2010 our
inflation was 5.82%.
Exchange rate, US$ 1 to ¢498.61 (colones)
Assets of Financial Institutions represent 90% of our
annual GDP (we call it PIB)
CORPORATIVE PRESENTATION in brief
Costa Rican Financial System(June 2011)
Source: www.sugef.fi.cr
Q Total Colons ¢ %Total
Dollars $Banks owned by the government 3 ₡6,580,335 44.81% $11,784Banks created by special Law 2 ₡1,681,395 11.45% $3,011Private Banks 12 ₡4,472,828 30.46% $8,010Other financial companies 5 ₡126,312 0.86% $226Cooperatives 31 ₡1,223,658 8.33% $2,191Housing Mutuals 3 ₡600,078 4.09% $1,075
Total 56 ₡14,684,607 100.00% ₡26,297
Total Assets (millions)
CORPORATIVE PRESENTATION in brief
Ranking - Private Financial System- millions of US dollars – June 2011 -