Selkhozbank
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{{short description|Former Soviet bank}} |
{{short description|Former Soviet bank}} |
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{{Infobox company |
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| name = Selkhozbank |
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| logo = |
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| native_name = Сельскохозяйственный банк СССР |
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| native_name_lang = ru |
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| type = [[State-owned enterprise]] |
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| industry = [[Financial services]] |
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| founded = {{Start date |1932}} |
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| founder = |
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| defunct = {{End date|1959}} |
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| fate = Abolished |
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| successors = [[Construction Bank of the USSR]] and the [[State Bank of the USSR]] |
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| hq_location_city = [[Moscow]] |
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| hq_location_country = [[Soviet Union]] |
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| area_served = Soviet Union |
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| key_people = |
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| products = [[Loans]] |
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| owner = [[Government of the Soviet Union]] |
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| num_employees = |
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| num_employees_year = |
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}} |
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The '''Agricultural Bank of the USSR''' ({{langx|ru|Сельскохозяйственный банк СССР}}), commonly referred to as '''Selkhozbank''' ({{langx|ru|Сельхозбанк}}), was a significant component of the [[Banking in the Soviet Union|Soviet banking system]] from its establishment in 1932 to 1959, when it was merged with [[Prombank]] and [[Tsekombank]] to form the [[Construction Bank of the USSR]], known as Stroybank.{{cite book |chapter-url=https://www.nber.org/system/files/chapters/c4154/c4154.pdf |title=Money, Financial Flows, and Credit in the Soviet Union |author=George Garvy |publisher=National Bureau of Economic Research |year=1977 |chapter=The Origins and Evolution of the Soviet Banking System: An Historical Perspective}}{{rp|31}} |
The '''Agricultural Bank of the USSR''' ({{langx|ru|Сельскохозяйственный банк СССР}}), commonly referred to as '''Selkhozbank''' ({{langx|ru|Сельхозбанк}}), was a significant component of the [[Banking in the Soviet Union|Soviet banking system]] from its establishment in 1932 to 1959, when it was merged with [[Prombank]] and [[Tsekombank]] to form the [[Construction Bank of the USSR]], known as Stroybank.{{cite book |chapter-url=https://www.nber.org/system/files/chapters/c4154/c4154.pdf |title=Money, Financial Flows, and Credit in the Soviet Union |author=George Garvy |publisher=National Bureau of Economic Research |year=1977 |chapter=The Origins and Evolution of the Soviet Banking System: An Historical Perspective}}{{rp|31}} |
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== History == |
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The bank was first established in 1932 as the "Bank for Financing Socialist Agriculture" ({{langx|ru|Банк финансирования социалистического земледелия}}), and renamed as Agricultural Bank in August 1933 (full name in Russian: Банк финансирования социалистического сельского хозяйства). |
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Like the Tsekombank in residential construction, the Selkhozbank was a mere conduit for budgetary appropriations and had no autonomy in its credit allocation.{{citation |title=Banking Under the Tsars and the Soviets |url=https://www.jstor.org/stable/2117258 |author=George Garvy |journal=Journal of Economic History |issue=32:4 |date=December 1972 |pages=869-893 |publisher=Cambridge University Press}}{{rp|886}} |
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==See also== |
==See also== |
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