THE Cooperative Development Authority (CDA) and the Association of Asian Confederation of Credit Unions (ACCU) signed a memorandum of understanding (MoU) on Oct. 24, 2022.

The agreement would lead to an improved role of CDA in the supervision and monitoring of cooperatives under the finance cluster and unions in the Philippines, learning from the experiences of other developed credit union systems and sharing the business solutions of ACCU.

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