Análise de desempenho das Cooperativas de Crédito através da aplicação dos índices do Sistema PEARLS

Abstract

Knowing the importance that credit unions represent for the country's development, and also about their contribution to society, the research aims to analyze the performance of credit unions in the Sicoob and Sicredi system, through the determining indices of the PEARLS system, from 2015 to 2019. To contribute to its growth and improve its competitiveness with traditional banks, as both offer financial services. However, cooperatives have several objective functions to serve their members, and the analysis must be carried out through multiple dimensions. In this sense, the methodology used in the research will be through the descriptive analysis of the indices of the various dimensions of the PEARLS system, which was developed by the World Council of Credit Union (WOCCU) as a suggestion for evaluating the performance of credit unions. Therefore, it will be described which single credit unions of the Sicoob and Sicredi system, and which regions of each system have the best and worst performance, through the guidelines of the WOCCU. The analysis will be carried out through the general average of the cooperatives of each system and each region. Therefore, in the periods analyzed, it was possible to observe that the Sicoob system is more protected, as it showed less risk for depositing members, showed greater solvency compared to the Sicredi system, also showed greater growth in relation to the participation of cooperative members in credit unions, and greater growth in Assets, knowing that the main objective of credit unions is the benefit of cooperative members. The Sicredi system, on the other hand, had a better financial structure, as it achieved the expected results of cooperatives, maximizing income-generating assets, also presenting higher returns and lower costs, which is a very important result, because even if cooperatives do not have the objective of making profits, they need economic results to remain in the competitive market, showed better ability to generate returns from non-profit assets, and finally, showed better growth in relation to financial strength.