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Get to know Sicoob Central Cecresp

Founded in 1991, Sicoob Central Cecresp is a central financial institution that is part of the Sicoob System, one of Brazil's largest cooperative financial systems. As a second-tier cooperative, its primary mission is to provide operational, administrative, technological, and financial support to its member credit unions (first-tier cooperatives) located throughout the state of São Paulo. It acts as a strategic link, standardizing processes, offering a wide range of financial products and services for onward distribution (such as credit, investments, insurance, and payment solutions), and ensuring the stability and growth of the cooperative system in its region.

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Financial Other Service

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Sicoob Central Cecresp

Brazil

Founded in

1989 (37 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.