Company Information

Get to know Sicoob Credibom

Sicoob Credibom is a singular credit cooperative that forms part of Brazil's largest cooperative financial system, Sicoob. Founded on November 29, 1988, in the city of Bom Despacho, Minas Gerais, the institution operates on a cooperative model where its customers are also its owners (referred to as members). Its mission is to provide comprehensive financial solutions, including checking accounts, credit, investments, insurance, and payment methods, while contributing to the economic and social development of the communities it serves.

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Financial BankingPRIMARY
Financial Other Service

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Sicoob Credibom

Brazil

Founded in

1985 (41 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.