Mizoram Co-operative Apex Bank

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Mizoram Co-operative Apex Bank
Cooperative
IndustryBanking
Founded31 July 1982; 37 years ago (1982-07-31)
HeadquartersAizawl, Mizoram, India
Area served
Mizoram
Key people
T Lalmuanpuii (Chairperson)
Lalzuahliana (CEO)
Number of employees
166
Websitewww.mizoapex.com

The Mizoram Co-operative Apex Bank or Mizoram Apex Bank is an Indian co-operative banking company headquartered in Aizawl. It was incorporated in 1982 as an urban cooperative bank.

History[edit]

The bank was established on 31 July 1982 , as a state co-operative bank with a share capital of 16.53 lakh (equivalent to 2.3 crore or US$340,000 in 2018). Mizoram State Rural Livelihoods Mission signed a memorandum of understanding with Mizoram Cooperative Apex Bank on 17 February 2018 to help self-help groups.[1]

Operation[edit]

The Bank has operations in Saiha, Lawngtlai, Lunglei, Champhai, Serchhip[2], Kolasib, Mamit[3], Main Branch, Dawrpui Branch, New Market Branch, Bawngkawn Branch and Cooperative Centenary Branch. The Bank at present has 1037 share-holder cooperative societies with the Government of Mizoram as of 30 September 2013 and has a present total staff strength of 166 employees.[4] The Mizoram Apex Bank has given loans to over 11,483 people in the state of Mizoram.[5]

References[edit]

  1. ^ "MzSRLM leh MCAB thawkho dawn". Vanglaini. Retrieved 20 December 2018.
  2. ^ "Apex Bank Serchhip Branch". Retrieved 20 December 2018.
  3. ^ "Mamit Apex Bank". mamit.nic.in. Retrieved 20 December 2018.
  4. ^ "Bank Profile". Mizoram Apex. Retrieved 20 December 2018.
  5. ^ "MCAB-in mi 11,483 hnenah loan an pe tawh". vanglaini.org. Retrieved 20 December 2018.