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Get to know National Association Of Cooperative Credit Union Of The Gambia

The National Association of Cooperative Credit Unions of The Gambia (NACCUG) is the national apex organization for all credit unions in The Gambia. Established and registered in 1992, its primary mission is to promote and support the development of viable, member-owned financial institutions by providing quality services, advocacy, and technical support. NACCUG works to strengthen the cooperative movement in the country, ensuring that credit unions can effectively serve their members' financial needs and contribute to the nation's economic development.

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National Association Of Cooperative Credit Union Of The Gambia

Gambia The

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1992 (34 Years)

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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