Delegates representing over 400,000 associates attended the event, learning first-hand about the key achievements for Financiera Comultrasan’s fiscal year 2021. Likewise, other cooperative benefits were approved, as well as a reassessment of social contributions among its partners to more than 7,500 million pesos.
During the year 2021, the cooperative achieved significant economic returns with assets of more than one trillion and 534 billion pesos; Net surpluses exceeded $46 billion pesos. Equity, for its part, posted 7.60% growth, closing 2021 with a balance of 500.977 million pesos and a solvency margin of 29.91%, well above what regulators require.
“The year 2021 was undoubtedly a challenging year for the Financiera Comultrasan team, we faced a negative scenario due to the high rates of COVID-19 infection, poverty, and displaced people, among others; in the face of this situation, the cooperative takes its main axes: human talent, technology and society, on the basis of which we have With a process of strengthening and development, which allowed us to achieve – despite adversity – very positive results as described by us.Economic indicators, and was able to get closer to our partners, thus contributing to the realization of their dreamsSocorro Nera Gomez, CEO of Financiera Comultrasan, added.
It should be noted that in 2021, the cooperative made a decisive contribution to the economic revitalization of the country and provided direct financial benefits of more than 6000 million pesos, affecting more than 142,000 colleagues. Likewise, it has focused on contributing to the care of the pockets of the members of the cooperative, demonstrating that it is possible to provide savings and credit services available to all, being consistent and socially responsible by:
- · I do not charge a credit card processing fee.
- Cancellation of Mipyme Commission’s microenterprise credit collection.
- Free transactions in your virtual agency and in your mobile application.
- I don’t charge portfolio collection fees in: Efecty, JJ.Pita, Coopenessa
- 75% reduction in the cost of debit card transactions at Servibanca ATMs located in the branches of the cooperative.
Added to these advantages are the various strategies to enhance formal and non-formal education, sports, culture, art, health and the environment, whereby the cooperative has been able to benefit more than 265,000 participants with: Scholarships for 948 students from the Graduate School of Business Bilingual, 10,000 people, supporting social and community leaders by leveraging projects that have benefited more than 4,000 people, optometry sessions, remote counseling, and sports scholarships, among others.
In this way, Santander Savings and Credit Cooperative Limited continues to demonstrate its commitment to building a better future for all Colombians with large numbers and united projects.