Native name | Всесоюзный банк финансирования капитальных вложений |
|---|---|
| Formerly | All-Union Bank for Financing Capital Investments |
| Company type | State-owned Joint-Stock Company |
| Industry | Financial services |
| Predecessors | Prombank, Tsekombank, and Selkhozbank |
| Founded | 1959 in Moscow, USSR |
| Founder | Soviet Ministry of Finance |
| Defunct | 1988 |
| Fate | Split into different entities during the dissolution of the USSR |
| Successor | Promstoybank |
| Headquarters | Moscow , Russia |
Number of locations | 1,500 branches |
Area served | Soviet Union |
| Products | Development loans, business loans |
| Owner | Soviet Union |
The Construction Bank of the USSR (Russian: Всесоюзный банк финансирования капитальных вложений), in shorthand Stroybank (sometimes Stroibank), was a Soviet development bank that was a significant part of the Soviet banking system. Stroybank was formed in 1959 and took over the operations of several prior specialized development banks, namely Prombank (est. 1922, trade and industry), Tsekombank (est. 1925, residential construction), and Selkhozbank (est. 1932, agriculture).[1]: 31
In 1988, it was restructured as the State Commercial Industrial and Construction Bank of the USSR (Russian: Государственный коммерческий Промышленно-строительный банк СССР) or Promstroybank, with some operations spun off as the Agro-Industrial Bank (Russian: Агропромышленный банк СССР or Agroprombank) and Bank of Housing, Communal Services and Social Development (Russian: Банк жилищно-коммунального хозяйства и социального развития СССР or Zhilsotsbank). These institutions, together with the reorganized Sberbank and Vnesheconombank, became known as the five specialized banks or spetsbanki.[2]: 72