Not at all. Currently, the Mouvement Desjardins—or the Desjardins banking sector—is conducting no commercial operations in any developing countries. I repeat, Développement international Desjardins is an NGO that is engaged solely in development-related activities and activities related to public development assistance programs, whether those of CIDA, the World Bank, the UN or the International Fund for Agricultural Development. It always associates with a local partner, which is generally a financial cooperative belonging to the local population. We assist local populations when they develop their own financial institutions and we provide them with necessary instruments.
On December 6th, 2011. See this statement in context.