Pearls

Protection | Effective Financial Structure | Asset Quality

Rates of Return and Costs | Liqudity | Signs of Growth

PEARLS is a financial performance monitoring system designed to offer management guidance for credit unions and other savings institutions. PEARLS is also a supervisory tool for regulators. PEARLS can be used to compare and rank institutions; it can provide comparisons among peer institutions in one country or across countries.

PEARLS is a set of financial ratios or indicators that help to standardize terminology between institutions. In total, there are 44 quantitative financial indicators that facilitate an integral analysis of the financial condition of any financial institution. The purpose for including a myriad of indicators is to illustrate how change in one ratio has ramifications for numerous other indicators.

LASA Credit Union ltd has recently completed the PEARLS training and aims to incorporate the above ratios into our everyday business in the near future to ensure that we continue to grow and provide an excellent, efficeint and ethical service to ALL our members