About Us
About Us
The Andhra Pradesh State Cooperative Bank Limited (APCOB), is a Scheduled State Cooperative Bank in the state of Andhra Pradesh included in the second schedule of the Reserve Bank of India Act., w.e.f. 16th July, 1966 and has been earning profits for the past 60 years and is placed in ‘A’ Category consistently in Audit Classification. The Bank is committed to agricultural and rural development through cooperatives through trust, integrity and service to the farming community, since its inception on 4th August, 1963 under the Andhra Pradesh Cooperative Societies (APCS) Act,1964.
Under the Single Window Credit Delivery System, The Andhra Pradesh Co-operative Central Agricultural Development Bank Ltd. (APCCADB), which was providing Long Term Investment Credit to farmers was merged with The Andhra Pradesh State Co-operative Bank Ltd. (APCOB), with effect from 30th April, 1994
Vision and Mission Statement
Vision
To emerge as the Best Co-operative Enterprise in the State, working on sound business and co-operative principles for sustainable and equitable growth of member Co-operative Credit Institutions and in fostering rural prosperity.
Mission
APCOB is committed to promote sustained and equitable agriculture and rural development through
- Extending timely and adequate credit at affordable cost to Small and Marginal Farmers, Agricultural labourers, Tenant Farmers, Artisans, Small Entrepreneurs and other Weaker Sections through established Co-operative Credit Structure network.
- Offering best quality and customer-friendly banking services wits- state-of-the art banking technology.
- Building a dynamic work force for Co-operative Credit Structure through recruiting, training and deploying qualified tech-savvy employees.
- Ensuring profitability and viability of affiliated Credit Cooperatives in a sustainable manner with responsible, accountable and member driven sound Co-operative Principles and Good Governance practices, to take transparent business decisions; for securing rural prosperity in the State of Andhra Pradesh
Achievements & Awards
Best Performance
Best Performance
Best Cooperative Bank In The Country
Awarded as “Best Cooperative Bank in the country under bankings & finance sector”by BFSI ( Banking, Financial Services and Insurance
