Cyprus Agricultural Cooperatives
Sources: The Library of Congress Country Studies; CIA World Factbook
The cooperative movement was established in Cyprus during the period of British rule to better the economic conditions of farmers and villagers. As of 1987, there were 257 active cooperative societies in the "TRNC." Most villages and towns had cooperative credit unions that provided savings and loan services for members. Loans were made both in cash and in kind (items needed for farming) to assist cooperative society members. One of the banks operating in the "TRNC" was the cooperative societies' own bank, the Turkish Cypriot Cooperative Central Bank. The government oversaw the activities of the societies through the Office of the Registrar of Cooperative Societies.
Data as of January 1991
NOTE: The information regarding Cyprus on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Cyprus Agricultural Cooperatives information contained here. All suggestions for corrections of any errors about Cyprus Agricultural Cooperatives should be addressed to the Library of Congress and the CIA.