CFA Cooperativa Financiera obtained an AA+ rating with stable outlook from Value and Risk Rating. This enables it to participate in pension payments and public resource management in Colombia.
The cooperative operates with a solvency ratio of 22.44 percent, above the minimum required by Superfinanciera. Manager Jorge Alberto Corrales Montoya stated that the rating reflects patrimonial strength and prudent risk management.
Corrales noted that the rating opens doors for growth and financial inclusion. He highlighted the territorial advantage of cooperatives to link networks such as Visionamos and Coopcentral with the pension system.
With this approval, CFA can collect resources from schools, municipalities and national taxes. The entity aims to advance its application for nationwide pension payments.
