We suppose that capital of The International Cooperatives Bank shall be consisted with two types. One type is “share capital” with voting right based on principal “One person, one vote”, and another type is “investing capital” without voting right. Share capital shall be only for member, but investing capital shall be invested by any entity including non-member.
The target level of capital adequacy ratio of The International Cooperatives Bank shall be 25% of core capital ratio by share capital from members. We suppose that main finance measure of the bank shall be long term debenture issued toward international financial market. We shall obtain rating of single A at least from rating agency by accepting large amount of share capital from credit cooperatives sector especially in high rating countries such as Europe and East Asia etc.
If quasi cross guarantee system would be built between credit cooperatives sector, the bank might be able to aim for higher rating such as double A (AA) or triple A(AAA), but it might difficult in near future until certain level of confidence of the bank would be concreted.