SHILLONG: Cooperation Minister HDR Lyngdoh inaugurated the new building of the Meghalaya Cooperative Apex Bank at MG Road here on Saturday.
On the occasion the Minister also inaugurated the Tourist Information Centre which is part of the Cooperative Apex Society of the MCAB.
Speaking at the inaugural function Lyngdoh said that MCAB is the bank of the people of the State and it has been rendering useful services to the people with dynamic and forward looking management.
The new building with the state of the art design and banking facilities for the customers will be utilized for accommodating the Shillong Main Branch, conference/seminar hall/guest house etc. of the bank.
The Meghalaya Cooperative Apex bank Limited (MCAB) was incorporated on February 16, 1971 and commenced its banking business from July 1, 1971. The bank has been a pioneer in Cooperative Banking in the State covering all the 11 (eleven) Districts and has 47 branches currently which provide effective banking products and other related services to the general public.