Кредитные учреждения Области войска Донского в пореформенный период

Abstract

The defeat in the Crimean War, the devastated post-war national economy and the recession in the economy cast great doubt on the future of the Russian Empire as a European power. Overcoming of the technological and military-technical lag of Russia from the leading European powers, the Tzarist government saw in the development of the banking system as well. Modernization in the financial sector contributed to the emergence of the State Bank, which carried out various accounting and loan operations to support different categories of the population. In the Don region lending to sectors of the local economy was carried out by the Rostov office of the State Bank. The economic specificity of the Don Cossack Army Region caused lending primarily to representatives of the peasant population, traders and companies selling grain crops. The author examines the functioning of commercial banks in the framework of the development of capitalist relations in the Don Cossack Army Region and Russia as a whole. Separately, he outlines the influence of state banks on the formation of domestic mortgage lending in the post-reform period. The activity of small credit institutions and inter-credit societies to the accounting of bills, the issuance of loans and the reception, and storage of deposits is considered. The influence of the Rostov City Public Bank on the Don economy is investigated.