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Brazilian delegation visits ABCUL

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31 May 17

A delegation from the Brazilian co-operative and credit union movement has visited ABCUL on their trip to Britain.

The group from Confebras – the Brazilian Confederation of Co-operatives and Credit Unions – visited Manchester as part of a 9-day study trip organised with the Co-operative College.

The Co-operative Financial and Cultural Exchange saw the delegation undertake a variety of educational and cultural visits during the tour of England and the Netherlands, with the group also visiting Rochdale, Liverpool, London and Amsterdam.

ABCUL Policy Assistant Daniel Arrowsmith gave the group a tour of the Association’s offices in Manchester and a presentation on the key issues for British credit unions and ABCUL’s work. The delegation also heard a presentation from the British Credit Union Historical Society and visited the Rochdale Pioneers Museum to learn more about the foundations of the country’s co-operative movement.

Brazil is home to one of the world’s largest and fastest growing credit union movements. 582 credit unions serve 6.3 million members across the country, and the sector’s assets are worth over £21 billion.

Martin Logan of the British Credit Union Historical Society said: “Co-operation is what credit unions are good at, at local level, at national level and above all at international level. Long may that continue. We salute our Brazilian credit union friends and hope they will make a return visit soon.”

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