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Belgrade Cooperative

Belgrade Cooperative Belgrade Cooperative - Credit: Wikimedia Commons

Belgrade Cooperative () was a cooperative bank founded in 1882 to promote savings and support small enterprises, craftspeople and the poor of Belgrade. Member-shareholders have been paying membership in amount of one Serbian Dinar per week. That is the way for cooperative to become a public savings bank. Luka Ćelović was the first president of cooperative, also a first Serbian insurance group. Read more on Wikipedia

Source: en.wikipedia.org