Incorporação de cooperativa de crédito: um diagnóstico pós incorporação

Abstract

Credit unions have an important economic and social role in Brazil, they mediate the financial operations of their cooperative, seeking to do so at a lower cost than commercial banks, facilitate access to credit to those banks of the traditional banking system and act as regulators market, preventing the practice of abusive interest rates by traditional banks. However, the expansion of credit cooperative activities has been limited to issues of their own nature and fierce competition. Because they operate in isolation, their scale of operation is limited and this has led credit unions to find it difficult to leverage the market. Given this, the incorporation has emerged as an alternative to the permanence and growth of these institutions, being relevant to analyze the impact that the incorporation exerts on the performance of the cooperative. In this sense, this paper aims to analyze the impacts of the incorporation process on the economic and financial performance of the Cooperativa de Crédito Maxi Alfa de Livre Admissão de Associados - SICOOB MAXICRÉDITO. More specifically, we perform vertical and horizontal analysis, Liquidity, Indebtedness, Profitability, Leverage, Solvency, Immobilization and Basel Capital Ratio analysis for a time cut that covers the years 2015, 2016 and 2017. This research has a qualitative approach , its nature is exploratory and descriptive, it has used documentary research resources and bibliographic research and it is a case study. The results showed that, in general, the merger had a negative impact in the year of its occurrence and in the following year the indicators showed a movement of improvement, in addition to that the capital structure was more voluminous in monetary terms. Another result is the increase in the volume of credit operations, which is the result of the higher result in the MaxiCrédito surplus in 2017. The results obtained showed a recovery of indicators in the short term and with efficient management it is possible to suggest that in the long run the merger will bring satisfactory results, since the merger has already transformed MaxiCrédito into one of the largest credit unions in Brazil.