Amidst the glitz and glamour, Tagum Cooperative emerged as a shining star, securing multiple prestigious awards in the much-anticipated FOCCUS Awards Night at the opulent Dusit Thani, Davao City.
Tagum Cooperative took center stage at the FOCCUS Awards Night, securing prestigious awards such as the Non-Earning Asset Ratio (3.78%) Award, Allowance on Probable Loan Losses Award, External Borrowing (0%) Award, Net Institutional Capital (11.77%) Award, and the Highest P.E.A.R.L.S. Rating for 2022 Award. However, the ultimate honor was undoubtedly the consistent FOCCUS – Platinum Prudential Standards Award, affirming the cooperative’s dedication to maintaining exceptional prudential standards in its operations.
Tagum Cooperative is not only a recipient of the consistent FOCCUS – Platinum Prudential Standards Award but also part of the esteemed group receiving the Renewed FOCCUS Brand Recognition. This recognition is a testament to the cooperative’s strict adherence to the FOCCUS Prudential Standards, reinforcing its position as a guiding light of financial excellence.
The event was more than an awards ceremony, it was a display of elegance and sophistication. The FOCCUS Awards Night was a celebration of achievements and a platform for cooperatives to honor excellence, inspire growth, and set new benchmarks for the cooperative sector.
Tagum Cooperative, with its remarkable track record, has once again showcased its prowess and dedication to excellence. Its ability to consistently exceed expectations and maintain high standards in the cooperative sector sets an example for other cooperatives to follow. The entire Tagum Cooperative membership stands proud, cherishing this milestone and eagerly embracing the journey to even greater heights.
The FOCCUS certification, bestowed by the Model Cooperative Network (MCN), signifies a cooperative’s dedication to international prudential standards in its operations. A certified FOCCUS cooperative embodies safety, soundness, and sustainability in managing its members’ finances while providing quality service. This certification assures members that their finances are secure and that they can access competitive and high-quality financial services, ensuring the cooperative’s sustainability for the long term. Yna Gracelle J. Amores