Particle.news
Download on the App Store

Sicoob Expansion Highlights Cooperatives’ Rising Weight in Brazil’s Economy

The lender reports surging business credit plus a larger rural allocation, signaling deeper reach in underserved municipalities.

Overview

  • Sector-wide data from the latest AnuárioCoop count 25.8 million members, R$1.39 trillion in assets under management and about 578,000 direct jobs.
  • Sicoob reports 9.3 million members and R$398 billion in assets under management, reinforcing its position among major Brazilian financial institutions.
  • Credit to companies reached R$96.7 billion over the last year, after totaling R$73 billion by August 2025, with emphasis on micro, small and mid-sized firms.
  • Sicoob earmarked R$60 billion to finance the 2025/2026 agricultural season, expanding support for rural producers.
  • The network operates in more than 2,400 municipalities, serves as the only financial institution in 415 of them, advances its 2030 sustainability plan and is set to present impact cases at COP30 after BNDES recognized it in 2024 as a leading low‑carbon funds conduit.