W stulecie założenia Centrali Bankowej Wielkopolskiego Systemu Spółdzielczości Kredytowej
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Date
1986
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Wydział Prawa i Administracji UAM
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In the centenary of establishing the Central Banking board of the Wielkopolska System of Credit Cooperatives
Abstract
In the centenary of establishing the Bank of Union of Commercial Partnerships
in Poznań the article recalls the organizational and financial concept of one of the
largest cooperative central finance boards in the world which was able to maintain
its financial policies in a way reconciling contradicting interests of credit cooperatives
and a huge joint-stock bank, although it had vast financial relations
with the private economy and never used foreign capital.
In the years 1885 - 1934 the Bank of Union in Poznań was a multidivisional
banking board of the Wielkopolska's cooperative system, existed in a form of
joint-stock company with cooperatives and private persons as stock holders. The
decisive influence of cooperatives on its functioning was facilitated by the original
statutory solutions and a consequent adherrence to cooperative principles. Consequently
the member cooperatives were secured with proper bank liquidity and economic
profitability in their indirect relation to the monetary market. It has performed
entirely banking functions which were not linked to the union functions of
patronage, auditing or to the function of central board of trade.
The presented features of the Bank decided the favorable development of the
Wielkopolska credit cooperatives, yielding some influence on the movement of
credit cooperatives in the People's Poland.
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Digitalizacja i deponowanie archiwalnych zeszytów RPEiS sfinansowane przez MNiSW w ramach realizacji umowy nr 541/P-DUN/2016
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 48, 1986, z. 1, s. 223-241