Model Bank ranked Top 3 financially-sound & well managed Banks in Mumbai
By Rons Bantwal
Bellevision Media Network
Mumbai, 22 Sep 2016: Model Co-operative Bank Ltd is honored to be among the Top 3 financially-sound and well managed Banks in Mumbai by ‘The Brihan Mumbai Nagari Sahakari Banks Association Ltd, Mumbai.
The Brihan Mumbai Nagari Sahakari Banks Association Ltd., Mumbai (an Association of Co-operative Banks) at their 38th annual general meeting and awards function, honored Model Co-operative Bank Ltd to be among the Top 3 Financially Sound and Well Managed Banks in Mumbai for the year 2014 – 15 (in the category of deposits above Rs 300 crore to Rs1500 crore).
The function was held on Wednesday, September 216 at Kohinoor Hall, Prabhadevi, here and was attended by senior management and directors from co-operative Banks. This Award is another milestone for Model Co-operative Bank Ltd.
The Association president Dattaram Chalke presented the award to Model Co-operative Bank Ltd chairman Albert W D’Souza, vice chairman William J Sequeira, directors Vincent Mathias, Paul Nazareth and general manger and CEO William L D’Souza.
The Bank has its roots in the Mangalorean Catholic Co-operative Credit Society Ltd, which was registered on April 26, 1916. The Bank had celebrated 100 years of its foundation on April 26, 2016 and is proud to receive this award in recognition of its excellent services. The Bank is constantly riding the path of progress.
The chairman Albert W D’Souza and Board of Directors have extended their gratitude to all the shareholders, customers, well wishers and staff of the Bank.