State Commercial Bank of the Russian Empire

The former head office building of the State Commercial Bank, lately the Saint Petersburg State University of Economics
Lunins' House, the bank's former Moscow branch

The State Commercial Bank (Russian: Государственный коммерческий банк) was a public bank of the Russian Empire. It opened on 1 January 1818 (Old Style), largely replacing the Assignation Bank whose role as Russia's bank of issue had been undermined by inflation.[1]: 266  Like the rest of Russia's state-owned banking system, it collapsed in the financial crisis of 1859-1860 and was succeeded in 1860 by the State Bank of the Russian Empire.[2]

  1. ^ Ulrich Bindseil (2019). Central Banking before 1800: A Rehabilitation. Oxford University Press.
  2. ^ "The State Bank of the Russian Empire Established - 12 June 1860". Presidential Library of the Russian Federation.