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Law change strengthens governance and opens new services for Ukraine credit unions

Law change strengthens governance and opens new services for Ukraine credit unions
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Andrew priceWorld councilWoccu international advocacyNational bankWorld council of credit unions woccuInternational advocacyWoccu creditAgriculture producers

Ukrainian Parliament Passes New Law for Credit Unions | World Council of Credit Unions

MADISON, Wis.—The Verkhovna Rada of Ukraine on July 14 passed a law updating the country’s legal framework governing the operations of credit unions, laying the foundation for a level playing field for credit unions in the financial services market. These changes to the legislation will facilitate increased access to financing for underserved Ukrainians.

Verkhovna radaAndrew priceWorld council of credit unionNational bankWorld councilWorld council of credit unions senior viceLaw on deposit guarantee fundInternational advocacyInternational projectsAgriculture producersUnions senior vice presidentDeposit guarantee fund

Global credit union body launches $500k loan scheme for Ukrainian sector

Two sector apexes in Ukraine will pass the WCFU funding to individual credit unions, to support rural business recovery and help vulnerable communities

World council of credit unionsLiquidity fundUkrainian credit union displacement fundWorldwide foundation for credit unionsResilience initiativeWorldwide foundationUnion displacement fundWoccu creditAgriculture producersWorld council

CAP Project Partner Credit Unions Surpass 1,000 Loans Provided Through USAID/WFCU Liquidity Fund

MADISON, Wis.—Ukrainian credit unions have now issued more than 1,000 loans through the $1 million USAID/Worldwide Foundation for Credit Unions’ (WFCU) Liquidity Fund.

Oleksandr karelinWorldwide foundation for credit unionWorld council of credit unionLiquidity fundWorldwide foundationWorld councilAgriculture producersUnited credit unionsKyiv oblast

Worldwide Foundation for Credit Unions Launches Resilience Initiative in Ukraine

Worldwide Foundation for Credit Unions (WFCU) this week tapped its Ukrainian Credit Union Displacement Fund for $500,000 to launch a new credit union lending program aimed at assisting vulnerable populations and boosting sustainable development in Ukraine.

Ukrainian credit union displacement fundResilience initiativeWorldwide foundation for credit unionsLiquidity fundWorldwide foundationAgriculture producers