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  1. Dignitaries

  2. Greetings by the Chairman

  3. Greetings by the Secretary/Director

             

--------------  DIGNITARIES  --------------

Committee Chairman :         Elias Mirianthous

Committee Members : 

  1. Michalis M. Vagatjis

  2. Gregory A. Kaponas

  3. Hatjigeorgiou  Andreas

  4. Chrysostomos A. Sotiriades

  5. Christina N. Tremithiotou

  6. Papapanagiotis Mathew P/Christodoulou

  7. Charalambos Kyriacou

  8. Chris Komodromos

  9. Michalis Sofokleous

  10. Charalambos Chr. Neofytou

Secretary/ Chairman :            Andreas Kallasides.

Controllers :                           Controlling Services of Co-Operative companies.

Professional Advisers :           Inspector Services For Monitoring And Growth of Co-Op Societies.

 Legal Advisers :                     Leonidas Georgiou Elias - Attorneys. 
                                               Charalambos Sotiriadis - Attorneys. 

  

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--------------  GREETINGS FROM THE CHAIRMAN  --------------

     

Dear members, friends and collaborators,

On behalf of the Committee of the Co-Operative Credit Society Periferias Polis Chrysochous, I welcome you to our Web site.

The Co-Operative Credit Society Periferias Polis Chrysochous has reached its 78  years of offer and help to our fellow man and our community. All these years it has offered many services to the Cypriot farmer who had a hard and difficult time in his poverty and unfavourable weather conditions, and his exploitation by the merchants and money lenders.

The Co-Operative Society has offered and it is still offering its services which aim at the financial growth of its members.

The growth of agriculture/livestock farming, the help for home ownership, education, health and the professional rehabilitation of its members is one of our major aims.

The success of these objectives is supported by the collaboration and mutualism of its members and to the hard work and methodology of its personnel. I would like to thank them.

I would also like to thank the Secretary/Manager and all my colleagues in the committee for the most excellent and productive co-operation in mapping out and making possible the plans of our policy for our company. Here I must stress that the continuous and lifelong aims are the modernization, the continuous upgrading of human dynamic and the preservation and enhancing of our human character.

Besides, the upgrading of the Co-Operative societies is a dynamic aspect of flexibility, which must be accelerated so that it can cope to confront the challenges and opportunities which will manifest themselves with the achieved full membership with the European Family.

       

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-----  GREETINGS FROM THE SECRETARY/MANAGER  -----

        

The Co-Operative Credit Society Polis Chrysochous continued its rise during the year 2006 with very good results.

   

Deposits reached  £23.000.000,00 Cyprus pounds.

(Twenty Three Million Cyprus pounds), in comparison with £20.000.000,00 (Twenty Million Cyprus pounds) during the year 2005.

 

Loans amounted to £18.000.000,00 (Eighteen Million Cyprus pounds) at 31/12/2006 in comparison with £16.500.000,00 (Sixteen Million, Five Hundred Thousand Cyprus pounds) during the year 2005.

The net profit of the company during 2006 was £261.000,00 Cyprus pounds.(Two Hundred Sixty One Thousand Cyprus pounds).

This good picture of the Co-Operative Credit Society Periferias Polis Chrysochous allows to look forward with optimism to the future and we hope that the growth of profits will continue, thus fulfilling our aims which is the quality and quantity of our product so that in return we can respond to our customers’ needs ,always with friendliness and human kindness.

With this opportunity I would like to thank the president and the members of the committee for the perfect co-operation and the efforts they have put in their work for the benefit of our of company.

I would also like to thank the personnel of this company for their devotion to their work and I would like to ask them to continue their efforts with zeal, reaching the peak of their speciality in all fields, because now with our entry into the European Union, we will have more competition and we must readjust with the rest of the commercial banks.

Finally, I would like to thank all the members and our customers for their trust and mutual support so that our company will continue to grow.

REVOLUTIONARY CHANGE

The developments that are taking place in the economic and social fields after the integration of Cyprus in the EU constitute important challenges for Co-Operative Credit Institutions. If it is imposed they prove that they can continue their anthropocentric activity in the new conditions that are created.
At the same time however it should make those changes so that they achieve the suitable organisational structure and technological infrastructure in order to cope with the intense competitive environment.
The revolutionary change that already exists in most
Co-Operative Credit Institutions are the mergings with each other. In this way it gives the possibility of collaboration and solidarity between Co-Operative Institutions for keeping the share market of in-depth time.
 
The subsidiary companies that were incorporated in the region(
Periferia) Polis Chrysochous from 12/11/2007 are:
• COOP of Agia Marina – Chrysochous  Tel. 26342286/Fax. 26342469
• COOP of Argaka  Tel. 26321940/Fax. 26322296
• COOP of Peristerona(Pafou)  Tel. 26352184/Fax. 26352016
• COOP of Lyssos
• COOP of Goudi
• COOP of Neo Chorio (Pafou)  Tel. 26322646/Fax. 26623119
• COOP of Kritou Terra  Tel. 26332142/Fax. 26332142
• COOP of Drousia Tel. 26332311/Fax. 26332365
 
CENTRAL OFFICES OF THE NEW COMPANY
CO-OPERATIVE CREDIT SOCIETY PERIFERIAS POLIS CHRYSOCHOUS
1 K
yproleontos Str., P.O.Box 66031,
Polis 8830, Pafos, Cyprus
Tel. 26321450 - 26322323   Fax. 26322331
E-mail:
cooppolis@cytanet.com.cy
  
With the
merging of the above companies was created a new company with the name:

"Co-Operative Credit Society Periferias Polis Chrysochous".
     

THE COMPANIES THAT WERE INCORPORATED(MERGED) IN THE REGION OF POLIS CHRYSOCHOYS REMAINED AND FUNCTIONING AS SUBSIDIARY COMPANIES(BRANCHES).

        

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