Private company

State Commercial Bank

Former public bank in the Russian Empire

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. 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 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jan 1, 1818Founded1
  • Industryeconomics of banking1
Садовая 21 02
Photo: Екатерина Борисова, CC BY-SA 4.0, via Wikimedia Commons3

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. 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

Acquisitions

  1. Succeeded by State Bank of the Russian Empire1

Timeline

  1. 1860Dissolved Dissolved1
  2. Jan 1, 1818Founded Founded1

Sources

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

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