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Financial and economic performance of major Braziliancredit cooperatives

Author

Listed:
  • Tarcisio Pedro Da Silva

    (Universidade Regional de Blumenau, Brazil)

  • Mauricio Leite

    (Universidade Regional de Blumenau, Brazil)

  • Jaqueline Carla Guse

    (Universidade Regional de Blumenau, Brazil)

  • Vanderlei Gollo

    (Universidade Regional de Blumenau, Brazil)

Abstract

The credit union’s main functions are the provision of individual financial loans based on collective savings, reaching up to provide full banking services, with expansion of its social function. Cooperatives are an alternative to supply a credit demand in the market, because a third of the municipalities have no bank branches. Although the participation of cooperatives in credit operations is still small compared to the Brazilian national banking system, its continued growth demonstrates the importance of this sector. In this sense, the analysis of the performance of these cooperatives becomes relevant to the extent that incentives to industry expansion differ from other financial institutions. In this context, this study aimed to analyze which the financial and economic performance of Brazil’s largest credit unions. This performance analysis was performed using the indicators proposed by the CAMEL model, then the data envelopment analysis(DEA). It can be seen that there is a positive relationship between the use of variables in the model and the measurement of financial performance of credit unions. Moreover, according to the results, it can be observed that Uniprime Northern Paraná, Sicoob Cocred and Sicredi North RS/SC were cooperatives that’s tood out as efficient.Classification-JEL: G21; G30; G39

Suggested Citation

  • Tarcisio Pedro Da Silva & Mauricio Leite & Jaqueline Carla Guse & Vanderlei Gollo, 2017. "Financial and economic performance of major Braziliancredit cooperatives," Contaduría y Administración, Accounting and Management, vol. 62(5), pages 5-6, Diciembre.
    • Handle: RePEc:nax:conyad:v:62:y:2017:i:5:p:5-6
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    Cited by:

    1. Michael Adusei & Ngozi Adeleye & Anthony Okafor, 2021. "Drivers of credit union penetration: An international analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(3), pages 710-723, April.
    2. Ivan Soukal & Eva Hamplová & Jiri Haviger, 2021. "Effectiveness of Regulation of Educational Requirements for Non-Bank Credit Providers in Czech Republic," Social Sciences, MDPI, vol. 10(1), pages 1-15, January.
    3. Saulo Cardoso Maia & Gideon Carvalho Benedicto & José Willer Prado & David Alastair Robb & Oscar Neto Almeida Bispo & Mozar José Brito, 2019. "Mapping the literature on credit unions: a bibliometric investigation grounded in Scopus and Web of Science," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 929-960, September.

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    More about this item

    Keywords

    Credit cooperatives; Financial and economic performance; CAMEL;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

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