Belgrade Cooperative
Formation | 1882 |
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Purpose | Economic unity and support |
Location | |
Key people |
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Belgrade Cooperative (Serbian: Београдска задруга / Beogradska zadruga) is a cooperative bank founded in 1882 to promote savings and support small enterprises, craftspeople and the poor of Belgrade. Member-shareholders have been paying membership in amount of one Serbian Dinar per week. That is the way for cooperative to became a public savings bank. Luka Ćelović was the first president of cooperative, also a first Serbian insurance group.
The building
The Belgrade Cooperative building was constructed on Karađorđeva Street in Belgrade between 1905 to 1907 according to plans of two architects, Andra Stevanović and Nikola Nestorović.