ITALY. 



THE NATIONAL INSTITUTE OF CREDIT FOR CO-OPERATION, THE 

 INSTITUTE OF CREDIT FOR CO-OPERATI\rE SOCIETIES AND 

 THE NATIONAL BANK OF ITALIAN RURAL FUNDS IN igi6. 



SOURCES: • 



ISTiTUTO Nazionale di Credito per la cooperazione. Assemblea gcuerale ordinaria dei 

 partecipanti leniita in Roina il 30 inarzo 191 7. Anno terzo {National Institute of Credit 

 for Co-operation. Ordinary general meetinq, of members held at Rofne on 30 March 191 7. 

 ■^rd year) Rome, Casa editrice italiana, 1917. 



ISTiTUTO DI CREDITO PER LE COOPERATIVE. Relazioui e bilaucio approvati dall'Asseniblea degli 

 azionisti del 5 Aprile 191 7. XII esercizio (Institute of Credit for Co-operative Societies. 

 Report and balance-sheet approved by the shareholders' meeting of 5 Aptil 1917, 12th year). 

 Milan, Tipografia degli operai, 1917. 



Banca Nazionale delle Casse Rurali Italiank. Rosocontoper il 1916. 2" esercizio. Rela- 

 zione del Consiglio di amminictrazione e dei sindaci all'assemblea generale ordinaria dei 

 soci in Roma, i^ marzo 191 7 {National Bank of Italian Rural Funds . Account rendered for 

 191 6. 2nd year. Report of the council of administration and the accountants to the ordinary 

 general meeting of members in Rome. 18 March 1917). Rome, Prem. Tip.I^itografia V. Ferri, 

 1917. 



In Italy the co-operative soecities procure the credit necessary to their 

 activity from various sources — popular banks, ordinary savings banks, 

 federations of co-operative societies having banking functions, etc. — 

 and also from- the three institutions specially created for them named in 

 the title of this article : the Istituto Nazionale di Credito -per la Cooperazione, 

 founded at Rome in 1913 by the free collaboration of the greatest Italian 

 institutions of credit and thrift, the Istituto di Credito per le Cooperative, 

 founded at Milan in 1904 on the initiative of the Societa Umanitaria, and 

 the Banca Nazionale delle Casse Rurali Italiane, formed recently, in 1915. 

 The reports lately published as to the activity of these institutions in 1916 

 allow an idea to be formed of their object and importance. 



§ I. The nationai, institute of credit for co-operation. 



The reader will recall (i) that this institution was promoted by the 

 Ministry of Agriculture, Industry and Commerce in a special meeting which 

 it held on 9 June 1913 jointly with the National Thrift Fund for the Inva- 



(i) For the origin and organization of the Institute see our issue for December 191 3. 



