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Russian Bank of Commerce and Industry

Categories / Economy/Finances and Credit

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, its volume of transactions was high enough for the bank to rank 5th in the nation. The bank had 111 branches. Its major activities included granting credit and loans and distributing securities, as well as financing industries such as sugar production, cement industry, and - to a lesser extent - metallurgy, machine-building, and others. The bank cooperated closely with the Russian-Asian Bank from 1912. It also had close links to foreign capital, especially to British capital. The bank was located at 27 Bolshaya Konyushennaya Street until it moved to its own building at 15 Bolshaya Morskaya Street in 1915. The building was constructed by architect M. M. Peretyatkovich in 1912-15. It was nationalized after October 1917.

References: Бовыкин В. И., Петров Ю. А. Коммерческие банки Российской империи. М., 1994. С. 148-151; Петербург: История банков / Б. В. Ананьич и др. СПб., 2001. С. 148-149.

V. S. Solomko.

Persons

Peretyatkovich Marian Marianovich

Addresses

Bolshaya Konyushennaya St./Saint Petersburg, city, house 27
Bolshaya Morskaya St./Saint Petersburg, city, house 15

Bibliographies

Петров Ю. А., Бовыкин В. И. Коммерческие банки Российской империи. М., 1994
Петербург: История банков / Б. В. Ананьич, С. Г. Беляев, З. В. Дмитриева и др. СПб., 2001

The subject Index

Russian-Asian Bank

Chronograph

1890

Mentioned in articles (8)

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Bank Buildings (entry) BANK BUILDINGS, public buildings designed for housing finance and credit institutions. The first special bank buildings were the Assignation Bank building at Sadovaya Street (1783-90, architect G

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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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Demoute's Traktir DEMOUTE’S TRAKTIR, Demoute Hotel (40 Moika River Embankment / 27 Bolshaya Konyushennaya Street). A hotel and restaurant. The hotel was opened in the 1760s by French immigrant Demoute. In 1796 F.Y

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Eliseev Family, merchants and bankers ELISEEV FAMILY, merchants, entrepreneurs, public figures. Progenitor Peter Eliseevich Eliseev (1775-1825, St. Petersburg), a peasant from Yaroslavl Province, opened a greengrocery in St. Petersburg in 1813

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Morskaya Bolshaya Street MORSKAYA BOLSHAYA STREET (in 1920-93 - Herzen Street, after A.I. Herzen), located from the General Staff Arch to Kryukov Canal. It was constructed in the early 18th century, in Morskaya settlement (hence the name)

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Natural stone NATURAL STONE. Since the early 18th century, Putilovo slab limestone has been used in construction (quarried by Putilovskaya Mountain near the mouth of the Volkhov River)

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Peretyatkovich, M. M. (1872-1916), architect PERETYATKOVICH, Marian Marianovich (1872-1916), architect, associate academy member of architecture (1912). Graduated from the Institute of Communications Engineering (1901) and St. Petersburg Academy of Arts (1906)

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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