ICD to be marked in Matara on July 21 | Daily News


ICD to be marked in Matara on July 21

The 97th International Cooperative Day (ICD) will be celebrated on July 21 in Matara under the patronage of Industries, Commerce, Cooperative Development, Vocational Training and Skills Development Minister Buddhika Pathirana.

Sri Lanka National Cooperative Board Chairman Lalith Pieris said that around 12,379 Cooperative Societies were registered with the Department by 2018.

Sri Lanka has about 2,284 rural banks and they manage Rs.140.4 billion of 9.2 million accountholders.

The banks have provided Rs.100.4 billion as loans to 1.1 million persons. In addition, 16 district rural banking societies have Rs. 26.1 billion and they have granted Rs.5.6 billion as loans.

The International Cooperative Alliance celebrated the International Cooperative Day on July 1, 1923 for the first time.


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