Cooperative Banks and Applicability in Turkey Cover Image

Kooperatif Bankacılığı ve Türkiye’ de Uygulanabilirliği
Cooperative Banks and Applicability in Turkey

Author(s): Gökhan Sümer
Subject(s): Geography, Regional studies, Financial Markets
Published by: Ahmet Arif Eren
Keywords: Cooperatives; Bank; Cooperative Banks;

Summary/Abstract: The primary objectives of cooperatives that are defined as an organizations set up by mutualisation to achieve common goals and protect economic interests is providing the needs of their partners with least cost by means of solidarity. Nowadays, cooperative banks operating in almost all over the world are situated in important position within the banking sector. The cooperative banks, in addition to offering loans to their partners with favorable terms, contribute to the strengthening and developing of cooperative structures and carry on activities through taking into account their partners’ interests. Practices of cooperative banking in Turkey will contribute to the development of cooperative institutions by increasing financing facilities of cooperatives.

  • Issue Year: 5/2021
  • Issue No: 1
  • Page Range: 262-279
  • Page Count: 18
  • Language: Turkish