Question

The profounder of UCB in Italy

• A. Alphonse Desjardins
• B. Robert Owen
• C. Raiffeisen Friedrich Wilhelm
• D. Luigi Luzzatti

Answer 1

Answer:

D. Luigi Luzzatti

URBAN COOPERATIVE BANKS:

• These societies are established to provide cheaper credit to small traders, employees, artisans and middle class people living in urban area

• First Urban cooperative Bank started in Germany 

• Schulze Delitzch are the Father and Founder of urban cooperative Movement 

• Luigi Luzzatti is the profounder of UCB – Italy

• Pattern of Schultz

• Working among middle class people

• Banaca Popularie (People Bank) - Italy - By LUIGY LUSSATI -CUSSATTA Banks – Urban area - Limited Liability