CO-OPERATIVE BANK OF KARDITSA Co-op. LL
Web-Side: www.bankofkarditsa.gr
e - mail: cobankka@otenet.gr
Upon the initiative of the Commercial and & Industrial Chamber of Karditsa, the proposal for the establishment of the Co-operative Bank of Karditsa was set out in 1994. Even though Karditsa County is mainly an agricultural area, having developed only the primary production sector, the proposal for the establishment of a Co-Operative Bank was embraced by the whole of its residents, thus leading the General Assembly of the Credit Co-operative to elect its first founding Board in March 1994. At the beginning of 1996 the Co-operative opened its first branch and started its operation as a Credit Co-Operative until April 1998. After fulfilling all the terms and conditions set by the Bank of Greece, it was evolved into a Credit Institution in April 1998. Karditsa is a County with low rate of growth. However, the fact that it managed to acquire a significant developmental tool, was overwhelming by the local community. Co-operative Bank of Karditsa gives its members the opportunity to have their own local bank, to assists them with their financial needs and provides suitable solutions for them. It must be noted that since the first year of operation the Bank reports high profitability. This can by itself guaranties the Bank's viability in today's high competitive environment.
Board of Directors
1 G. BOUKIS Chairman
2 Â . POZIOS A' Vice-Chairman
3 TH. DELIGIANNIS b' Vice-Chairman
4 O. PSAHOULAS Secretary
5 S. PAPANTONIS Deputy Secretary
6 A. KANDYLAS Cashier
7 TH. GEORGANTZAS Deputy Cashier
8 A. MYLONAS Member
9 K GAITANIDIS Member

Branches Tel. Fax
1 Central Taliadourou & Kolokotroni, 431 00 24410 40 099 24410 40199
2 Palama Papakiritsi 4. 432 00 24440 24 600 24410 24603

Development of financial ant other data (in mil. €)
1999 2000 2001 2002 2003
2004
2005
2006
2007
 2008 2009 2010
Assets 10,19 14,17 16,46 19,67 24,18 31,63 36,88 41,14 45,55 51,41 63,00 67,02
Loans 6,59 7,60 9,02 10,23 13,99 19,57 23,21 27,29 32,73 39,59 38,27 40,70
Deposits 5,63 8,94 10,80 12,91 17,06 22,42 26,83 27,35 23,34 33,85 44,07 47,87
Equity capital 3,78 4,44 5,19 6,07 6,31 8,05 8,45 12,08 14,08 15,33 16,44 17,21
Co-operative capital 2,52 2,81 3,01 3,42 3,51 4,26 4,35 6,1 7,01 7,48 8,01 8,28
Profit before taxes 0,74 0,77 0,58 0,52 0,61 0,85 1,24 1,59 1,71 1,83 1,84 1,67
Branches 1 1 1 1 1 1 1 1 1 1 1 2
Personnel 9 10 8 10 10 12 12 12 14 15 16 17
Members 2.022 2.370 2.482 2.809 3.037 3.370 3.372 3.590 3.813 4.012 4.109 4.251