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Get to know The Co-Operative Credit Union League Of Bangladesh LTD

Established in 1979, The Co-operative Credit Union League of Bangladesh Ltd. (CCULB) serves as the central national federation for the country's credit union movement. Its mission is to promote, develop, and support member credit unions through a variety of services including education and training, development and supervision, IT support, and risk management via a stabilization fund. CCULB also provides cooperative life insurance and mutual benefit services (CLIMBS) to safeguard the financial well-being of credit union members, thereby strengthening the entire cooperative financial system in Bangladesh.

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The Co-Operative Credit Union League Of Bangladesh LTD

Bangladesh

Founded in

1979 (47 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.