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Mizoram Co-operative Apex Bank

Mizoram Co-operative Apex Bank
Company typeCooperative
IndustryBanking
Founded31 July 1982; 42 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

The bank was established on 31 July 1982 , as a state co-operative bank with a share capital of ₹16.53 lakh (equivalent to ₹3.1 crore or US$380,000 in 2023). Mizoram State Rural Livelihood Mission signed a memorandum of understanding with Mizoram Cooperative Apex Bank on 17 February 2018 to help self-help groups.[1]

Operation

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

References

  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.


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