State Bank of the Russian Empire
Encyclopedia
The State Bank of the Russian Empire was the main bank
of the Russian Empire
from 1860 to 1917. This bank is considered to be the predecessor of the Central Bank of the Russian Federation
.
. This ukaz also ratified the Statute of the bank. According the Statute, it was a state-owned bank, intended for short-term credit of trade and industry.
In early 1917 the Bank had 11 branches, 133 permanent and 5 temporary offices and 42 agencies. On 7 November 1917 the State Bank was disestablished and was succeeded by the People's Bank of the RSFSR (until 1922) and State Bank of the USSR (until 1991). After the dissolution of the Soviet Union
in 1991, a new central bank was established, Central Bank of the Russian Federation
.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
of the Russian Empire
Russian Empire
The Russian Empire was a state that existed from 1721 until the Russian Revolution of 1917. It was the successor to the Tsardom of Russia and the predecessor of the Soviet Union...
from 1860 to 1917. This bank is considered to be the predecessor of the Central Bank of the Russian Federation
Central Bank of the Russian Federation
The Bank of Russia or the Central Bank of The Russian Federation is the central bank of The Russian Federation. Its functions are described in the Russian constitution and in the special Federal law...
.
History
The State Bank was established on on the base of the State Commercial Bank by ukaz of Emperor Alexander IIAlexander II of Russia
Alexander II , also known as Alexander the Liberator was the Emperor of the Russian Empire from 3 March 1855 until his assassination in 1881...
. This ukaz also ratified the Statute of the bank. According the Statute, it was a state-owned bank, intended for short-term credit of trade and industry.
In early 1917 the Bank had 11 branches, 133 permanent and 5 temporary offices and 42 agencies. On 7 November 1917 the State Bank was disestablished and was succeeded by the People's Bank of the RSFSR (until 1922) and State Bank of the USSR (until 1991). After the dissolution of the Soviet Union
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....
in 1991, a new central bank was established, Central Bank of the Russian Federation
Central Bank of the Russian Federation
The Bank of Russia or the Central Bank of The Russian Federation is the central bank of The Russian Federation. Its functions are described in the Russian constitution and in the special Federal law...
.
Governors of the State Bank
- 1860 – 1866: Alexander von StieglitzAlexander von StieglitzBaron Alexander von Stieglitz was a Russian philanthropist and financier. He was the first governor of the State Bank of the Russian Empire, the predecessor organization to today's Central Bank of the Russian Federation.-Early life and education:...
- 1866 – 1881: Yevgeniy Lamanskiy (acting until 1867)
- 1881 – 1889: Aleksei Tsimsen
- 1889 – 1894: Yuliy Zhukovskiy
- 1894 – 1903: Eduard PleskeEduard PleskeEduard Pleske Eduard Pleske was born into a noble family in the Russian Empire. He was educated in the Imperial Alexander Lyceum. After graduation he joined the Ministry of Finance...
- 1903 – 1909: Sergei Timashev
- 1909 – 1912: Aleksei Konshin
- 1912 – 1917: Ivan ShipovIvan ShipovIvan Pavlovich Shipov was an Imperial Russian Politician. After graduating from the Imperial Alexander Lyceum, he entered the Ministry of Finance. He rose to the position of Assistant Director of the Special Credit Office, and eventually Director of the General Office .In addition he served on the...