The study by Assopopolari on the situation of the banking cooperation in India. After those on China and Japan, the in-depth studies by the National Association of Popular Banks on banking cooperation in Asia continue, preparatory to a series of international meetings with the representatives of the countries taken into consideration in the studies.
India has been, for some decades now, one of the world's leading economies, continuously growing and strongly dynamic, as well as an important center of development and technological innovation. These results were also achieved thanks to a system that sees one of the most original expressions in banking cooperation. Today, in India there are a total of over 98 cooperative institutes, with 131 million members; 73 billion euro of deposits and 80 billion of loans.
“There is a need, in a globalized world – he commented the general secretary of Assopopolari, Giuseppe De Lucia Lumeno -, to get to know in depth all those productive realities that operate positively and that can represent valid examples for getting out of the deep economic and financial crisis that has hit the West”.
Assopopolari's choice to investigate the weight and role of banking cooperation on the economy stems from the consideration of its relevance in the world, starting right from Asia where it can boast a fundamental role both in terms of credit institutions and activities in supporting of socio-economic development. Today they are operational, throughout Asia, 155.214 banks with 201 million shareholders, funding of 3.519 billion euro and loans of 1.710 billion euro.
