Richard Doornbosch: People over profit - the benefits of cooperatives - relevant as ever

Speech

Richard Doornbosch: People over profit - the benefits of cooperatives - relevant as ever

By Bank for International Settlements (BIS)

In this June 2025 keynote, President Richard Doornbosch re-evaluates the traditional cooperative model of credit unions within the context of a "disruptive age." He argues that the guiding principle of "people over profit" remains a strategic strength, positioning credit unions as essential pillars of financial inclusion for the 25% of Curaçao’s population they serve.

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