Centenary of the Cyprus, Co-operative Movement
Dublin Core
Title
Centenary of the Cyprus, Co-operative Movement
Description
Ιn November 1909 the first co-operative society was formed in the now Turkish occupied village of Lefkonico. Gradually new institutions came into being both in the countryside, towns and cities. Their original aim was the protection of family income and the fight against usury.
The Turkish invasion of 1974 had devastating consequences which led to 225 co-operative institutions being displaced or inactivated as well as the loss of all their properties.
Since then the primary responsibility has been the smooth and effective operation of the societies and the development,
improvement, expansion and upgrading of services in the sectors of: Credit & Savings, Consumer needs, Trade in agricultural products, Manufacturing, Insurance and others. The most developed sector of the co-operative movement is that of Credit and Savings. In 2003 this sector had deposits of Cyprus Pounds amounting to 4 billion and loans of 3 billion.
The Turkish invasion of 1974 had devastating consequences which led to 225 co-operative institutions being displaced or inactivated as well as the loss of all their properties.
Since then the primary responsibility has been the smooth and effective operation of the societies and the development,
improvement, expansion and upgrading of services in the sectors of: Credit & Savings, Consumer needs, Trade in agricultural products, Manufacturing, Insurance and others. The most developed sector of the co-operative movement is that of Credit and Savings. In 2003 this sector had deposits of Cyprus Pounds amounting to 4 billion and loans of 3 billion.
Source
Cyprus Post, Republic of Cyprus
Κυπριακά Ταχυδρομεία, Κυπριακή Δημοκρατία
Κυπριακά Ταχυδρομεία, Κυπριακή Δημοκρατία
Publisher
Library of Cyprus University of Technology
Date
Contributor
Designer: Elena Eliadou
Rights
Απαγορεύεται η δημοσίευση ή αναπαραγωγή, ηλεκτρονική ή άλλη χωρίς τη γραπτή συγκατάθεση του δημιουργού.
Relation
www.cypruspost.gov.cy
Format
jpg
Language
en
Type
Identifier
2009CS95
Coverage
35.160417, 33.346556
Files
Collection
Citation
Cyprus Post, Republic of Cyprus
Κυπριακά Ταχυδρομεία, Κυπριακή Δημοκρατία, “Centenary of the Cyprus, Co-operative Movement ,” Αψίδα, accessed January 31, 2025, https://apsida.cut.ac.cy/items/show/44180.