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Assignation Bank
ASSIGNATION BANK, founded in 1769 at the same time as the Assignation Bank in Moscow to distribute banknotes and exchange them for metal coins. Backed by copper coins equal to 500,000 roubles
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Azovsko-Donskoy Commercial Bank
AZOVSKO-DONSKOY BANK, a joint-stock commercial bank opened in Taganrog in 1871 for financing trade and granting loans. Its share capital amounted to 5 million roubles in 1871; it became the largest bank in the country by the mid-1890s and one of the
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Banks (entry)
BANKS, credit system institutions. St. Petersburg has been the central element of the system from the time it came into being through 1917. The first banks in Russia were founded on the initiative of the state and financed from the treasury
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Exchange Committee
EXCHANGE COMMITTEE, a permanent body of the Exchange Society and one of the first representative bodies of the bourgeoisie. Founded under the auspices of St. Petersburg Exchange in 1816
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Exchanges
EXCHANGES, regular wholesale markets where goods or securities are sold are called commodity exchanges and stock exchanges, respectively. The first Russian exchange, which remained the only exchange till the late 18th century
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Insurance companies (entry)
INSURANCE COMPANIES, financial and credit institutions, which deal with various kinds of insurance (life, real estate, personal estate insurance, etc.), the basic principle of which consists in compensating damages incurred by one person through
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Mutual Credit Societies
MUTUAL CREDIT SOCIETIES, institutions founded on a partnership basis to grant short-term loans. A member of a mutual credit society would undertake obligations for a specified amount
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Nobility State Land Bank
NOBILITY STATE LAND BANK (12 Admiralteyskaya Embankment). Founded in 1885 to support landownership, the bank was the most important link of the mortgage chain. The bank's activities covered the European part of Russia except for the Grand Duchy of
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Pawnshops (entry)
PAWNSHOPS, credit institutions granting loans against movable property. The first pawnshops were founded in St. Petersburg in 1729 as Emperor Peter the Great commanded that the Mint Office should grant interest-bearing loans against gold and silver
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Russian Bank for Foreign Trade
RUSSIAN BANK FOR FOREIGN TRADE, a private joint-stock bank. Founded in 1871, the bank shared the 3d and 4th places with Azovsko-Donskoy Bank before World War I of 1914-18. It had 76 branches
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Russian Bank of Commerce and Industry
RUSSIAN BANK OF COMMERCE AND INDUSTRY (called Russian Commercial Bank of Commerce and Industry before 1907), a joint-stock commercial bank, opened in 1890. It was among the largest banks by 1914
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Russian-Asian Bank
RUSSIAN-ASIAN BANK, a joint-stock commercial bank. It was founded in 1910 by merging the Northern Bank founded in 1901 and the Russian-Chinese Bank founded in 1895
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Savings Banks (entry)
SAVINGS BANKS, credit institutions attracting savings and idle funds from the public as their major function. It was on the initiative of Count M. Y. Vielgorsky and I. D. Chertkov that the articles of the first savings bank were worked out
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Siberian Merchant Bank
SIBERIAN MERCHANT BANK, a joint-stock commercial bank, founded in Ekaterinburg in 1872 and in St. Petersburg in 1902. The volume of transactions was high enough for the bank to rank 7th in the country before the war
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St. Petersburg Discount and Loan Bank
ST. PETERSBURG DISCOUNT AND LOAN BANK, a joint-stock commercial bank. Opened in 1869, it provided credit to traders and rail carriers, granted loans against securities
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St. Petersburg International Commercial Bank
ST. PETERSBURG INTERNATIONAL COMMERCIAL BANK, a joint-stock commercial bank, opened in 1869. The volume of transactions was high enough for the bank to rank 2nd among Russian joint-stock banks by 1914
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St. Petersburg Private Commercial Bank
ST. PETERSBURG PRIVATE COMMERCIAL BANK, the first joint-stock bank in Russia founded in 1864 for financing trade deals on the Exchange of St. Petersburg. Its major activities included transactions with securities such as selling public bonds and
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State Bank
STATE BANK established in 1860 for the resuscitation of business and the consolidation of monetary and credit systems. The bank was located at 21 Sadovaya Street; it took deposits, set up accounts, provided short-term credit and loans
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State Peasant Land Bank
STATE PEASANT LAND BANK was established in 1882 with the purpose of helping low income peasants to buy their land from landowners. It was located at 14 Admiralteiskaya Embankment
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Volzhsko-Kamsky Commercial Bank
VOLZHSKO-KAMSKY BANK, a joint-stock commercial bank founded by a group of manufacturers and merchants with V. A. Kokorev at the head who served as a chairman of the board from 1878. A. F
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