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Cooperative Banks - Democratic
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Cooperative Banks - Advocacy &
Lobbying For flexible regulatory framework

About Us

ICBA is a sectoral organisation of the International Cooperative Alliance (ICA), representing cooperative banks and financial institutions around the world. Established in 1922 as the first-ever committee of ICA, ICBA has grown from its early membership of seven European cooperative banks to a truly global network. Over the years, ICBA has evolved to become the international voice of cooperative banking, fostering collaboration among members, advocating for the cooperative model in finance, and contributing to sustainable and inclusive economic development.

Today, ICBA continues to strengthen cooperative banking by supporting policy dialogue, knowledge, and partnerships that advance financial inclusion and cooperative identity worldwide.

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Our Work


ICBA serves as the global voice of cooperative banks and financial institutions. Through advocacy, knowledge sharing, strategic partnerships and capacity-building initiatives, ICBA promotes inclusive finance, sustainable development and the cooperative business model. We work closely with members and international stakeholders to strengthen cooperative financial institutions and enhance their contribution to economic and social development worldwide.

Advocacy

Promote Cooperative Values

Knowledge Exchange

Support Members

Build Partnerships

ICBA Membership


A global network of cooperative financial institutions committed to strengthening cooperative banking and advancing inclusive finance.

60

Member Organisations

38

Countries

4

Regions
ICBA members
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Featured Member

Discover the remarkable work of our member organisations from around the world. Each month we feature a cooperative financial institution that is making a difference through innovation, inclusion and cooperative values.

KOOPBANK

Northern Cyprus

Established in 1959, KoopBank is the apex financial institution of the cooperative movement in Northern Cyprus. As the central financial institution for cooperative societies, the Bank promotes financial inclusion, digital transformation and sustainable community development while remaining firmly committed to cooperative principles.

Beyond banking, KoopBank supports education, financial literacy, women's entrepreneurship, youth development and rural communities, demonstrating how cooperative finance creates lasting social impact.

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ICBA President

Subrahmanyam Bhima

President

Bhima Subrahmanyam has been associated with the National Federation of State Cooperative Banks (NAFSCOB), India since 1982 and has served as its CEO/Managing Director since 1990.

Prior to joining NAFSCOB, he was associated with reputed institutions including IIM Ahmedabad, ISRO and NIRD. He has authored over 100 articles, research papers and policy documents, and has participated in numerous national and international conferences, workshops and seminars.

Mr. Bhima has actively contributed to the International Cooperative Alliance (ICA), International Cooperative Banking Association (ICBA), APRACA, NEDAC, IRU and several other international cooperative organizations.

He was elected President of ICBA in Kigali, Rwanda, on 12 October 2019 and continues to champion the role of cooperative financial institutions in advancing inclusive finance and sustainable development.

Key Research Initiatives
  • Regulation and Sustainability of Cooperative Banks: A Cross-Country Study
  • Sustainable Development Goals & Objectives: Contribution of Cooperative Banks

Latest News



Stay informed with the latest updates, initiatives, and developments from ICBA and the global cooperative finance community

  • Aug 08, 2026

Cooperative Finance for the Green Transition: Financing Sustainable Agriculture and Rural Livelihoods

The ICA-AP Committee on Credit and Banking (ICCB), in collaboration with ICBA, successfully launched its webinar series on Cooperative Finance for Green Transition. The inaugural session featured opening remarks by ICBA President Mr. Bhima Subrahmanyam, followed by a special presentation from Dr. Justin Bomda, CEO of MUFID Union, Cameroon, and ICBA Board Member, who shared MUFID Union's experience in advancing green finance and climate-smart agricultural lending through cooperative finance.

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  • Aug 08, 2026

International Youth Day: Empowering Young People Through Social and Financial Education and Cooperation

As part of International Youth Day 2026, Roeland Monasch, CEO of Aflatoun International, shares a message on why social and financial education matters for young people. He also reflects on the shared vision of Aflatoun International and ICBA to empower the next generation through practical learning, cooperative values, and stronger community partnerships.

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  • Aug 08, 2026

International Youth Day 2026: A Message from ICBA President

On the occasion of International Youth Day 2026, ICBA President Mr. Bhima Subrahmanyam reaffirms the Association's commitment to empowering young people through financial inclusion, education, and cooperative values. Reflecting this year's theme, "Different Contexts, Common Aspirations," his message highlights the vital role of cooperative financial institutions in supporting youth leadership, entrepreneurship, and financial capability, while underscoring ICBA's growing partnership with Aflatoun International to create greater opportunities for the next generation.

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