The Merchants’ Credit Cooperative Bank in Lodz (Bank Kupiecko-Kredytowy Spółdzielczy w Łodzi) was established in 1928. Its headquarters were located under the address 29 Piotrkowska Street. In 1937, its Supervisory Board was composed of Aleksander Gutman (Chairman), Ch. M. Pik, J. L. Mincberg, A. B. Zajbert. The Board of Directors included A. M. Kapłan (Chairman), M. Wojdysławski (Deputy Chairman), U. Mendelson, A. Cytryn, I. M. Zduński. Julian Abramowicz and Ch. Grylak were the managers. The bank was among the biggest institutions of the kind in Poland.  In 1935, the members were granted credits amounting to 16 million zlotys. The annual turnover amounted to 245 million zlotys. There were 174 139 collections. In 1937, the share capital amounted to 310 thousand zlotys. The institution was a member of the Union of the Jewish Cooperative Societies in Poland with its headquarters in Warsaw.

Bibliography:

  • Rocznik polskiego przemysłu i handlu (Yearbook of Polish Industry and Trade), Warszawa 1938, nr 778.

The project supported financially by The Kronenberg Foundation at City Handlowy.

 

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