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01 de junio de 2005


Credit Unions' Role in Remittances Highlighted

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Washington, D.C. - The pivotal role that credit unions play in the Latin American remittance market was on display this week in Washington, D.C. before policy makers, money transfer operators, credit unions, banks and donor organizations. In the opening remarks of Inter- American Development Bank's (IDB) International Forum on Remittances, Donald Terry of the IDB noted the increasing role of credit unions in the remittance market and credit union accolades were echoed by Senator Paul Sarbanes of Maryland during his luncheon remarks, with credit union professionals from the Latino Community Credit Union in North Carolina, ESCOCABA (a Guatemalan credit union) and the World Council of Credit Unions, Inc. (WOCCU) serving as panelists in a variety of sessions. The IDB's International Forum on Remittances was one of the largest conferences ever held focusing on remittances, hosting 650 participants from throughout the hemisphere. In conjunction with the IDB's Forum on Remittances, the World Bank launched it's first book on the topic titled "Remittances: Development Impact and Future Prospects" at press conference that included a panel discussion by editors of the book, Samuel Munzele Maimbo and Dilip Ratha of the World Bank and contributing author Dave Grace, senior trade association manager of WOCCU. "We were delighted to hear references to credit unions in nearly every session over the three day conference," noted Pablo DeFilippi, WOCCU's IRnet manager. "While its gratifying to see that people are recognizing the important work of credit unions in the United States and Latin American in providing remittance services and banking the unbanked, we now need to leverage this position in the market to remove legislative and regulatory barriers that still exist for credit unions in Dominican Republic, Mexico, Philippines and the United States from offering remittances in a more efficient manner," continued DeFilippi.

To learn more on WOCCU's work with international remittances and IRnet visit WOCCU's website at www.woccu.org.



El Consejo Mundial de Cooperativas de Ahorro y Crédito es la asociación gremial y agencia de desarrollo para el sistema internacional de cooperativas de ahorro y crédito. El Consejo Mundial promueve el crecimiento sustentable de las cooperativas de ahorro y crédito y otras cooperativas financieras en todo el mundo a fin de facultar a las personas para que mejoren su calidad de vida a través del acceso a servicios financieros asequibles y de alta calidad. El Consejo Mundial realiza esfuerzos de defensa activa en representación del sistema global de las cooperativas de ahorro y crédito ante organizaciones internacionales y trabaja con gobiernos nacionales para mejorar la legislación y la regulación. Sus programas de asistencia técnica introducen nuevas herramientas y tecnologías para fortalecer el desempeño financiero de las cooperativas de ahorro y crédito y profundizar su alcance comunitario.

El Consejo Mundial ha implementado 290 programas de asistencia técnica en 71 países. A nivel mundial, 57,000 cooperativas de ahorro y crédito en 103 países atienden a 208 millones de personas. Obtenga más información sobre el impacto global del Consejo Mundial en www.woccu.org.



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