Cooperative Bank of Karditsa

Cooperative Bank of Karditsa (CBK) has been supporting the local economy for more than 20 years. In the past few years, and especially during the Greek crisis, CBK has invested heavily in microfinance operations, through synergies with other cooperative banks and business development providers. In May 2016, the CBK became the first Greek Bank to sign an agreement with the European Investment Fund (EIF), under the EaSI guarantee facility, to provide microfinance products and services to its customers. Due to localisation and stability, the Cooperative Bank of Karditsa has strong competitive characteristics, and offers unique advantages for its members, such as: (1) Designed products based on the conditions of the local market, so that they fully meet the needs of its members. (2) Financial flexibility, speed in decision making and transparency, as it is managed locally by partners elected by the own members of the bank. (3) Modern range of products and services with competitive interest rates and the most advantageous market conditions. (4) Customer-centric operating system, that results in a high level of customer service. (5) High return on your investment. (6) Contribution to the local development, as the partners’ money remain and is used locally.