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Private company

Selkhozbank

Former Soviet bank

The Agricultural Bank of the USSR (Russian: Сельскохозяйственный банк СССР), commonly referred to as Selkhozbank (Russian: Сельхозбанк), was a significant component of the 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.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1932Founded1

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The Agricultural Bank of the USSR (Russian: Сельскохозяйственный банк СССР), commonly referred to as Selkhozbank (Russian: Сельхозбанк), was a significant component of the 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.2

The story

The bank was first established in 1932 as the "Bank for Financing Socialist Agriculture" (Russian: Банк финансирования социалистического земледелия), and renamed as Agricultural Bank in August 1933 (full name in Russian: Банк финансирования социалистического сельского хозяйства).

Like the Tsekombank in residential construction, the Selkhozbank was a mere conduit for budgetary appropriations and had no autonomy in its credit allocation.

From Wikipedia’s article on Selkhozbank, shared under CC BY-SA 4.0.3

Timeline

  1. 1932Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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