The Co-operative Movement in Cyprus, considered as one of the most well organized and the strongest in the world, was introduced at the beginning of the 20th Century and the first Co-operative Society was founded in 1909. In 1937 the Co-operative Central Bank was founded. Its purpose was to provide credit for those member societies […]

Cyprus Turkish Co-operative Central Bank Ltd. was established in 1959 and members of the Bank are the Co-operative Societies, which are obliged by the Co-operative Law to deposit their liquid funds with the Bank. Koopbank has 217 member co-operative societies and 19 branches which carry out the activities throughout the country and render services to […]