The Bank of Mozambique issued an order revoking the authorisation to conduct activity granted to Cooperativa de Crédito das Mulheres de Pemba, SCRL and appointing the Deposit Guarantee Fund, Fundo de Garantia de Depósitos, as liquidator. The measure follows the cooperative’s request to cease activities submitted on 4 April 2025. The order cites the renunciation of authorisation as a legal ground for revocation and applies the relevant provisions of Mozambique’s Credit Institutions and Financial Companies Law and Administrative Liquidation Law to effect the withdrawal and liquidation appointment.
Bank of Mozambique 2026-04-02
Bank of Mozambique revokes Cooperativa de Crédito das Mulheres de Pemba authorisation and appoints the Deposit Guarantee Fund as liquidator
The Bank of Mozambique has revoked the authorisation of Cooperativa de Crédito das Mulheres de Pemba, SCRL to conduct activity and appointed the Deposit Guarantee Fund, Fundo de Garantia de Depósitos, as liquidator. The decision follows the cooperative’s request to cease activities and is based on the renunciation of authorisation under Mozambique’s Credit Institutions and Financial Companies Law and Administrative Liquidation Law.