Industrial Lending of the State Bank of Russia (1860-1917)

Abstract

The subject of the research is lending of industrial companies by the State Bank of the Russian Empire. The research was based on the study of the authentic credit files that are stored in the Russian State Historical Archive in addition to prescriptive banking documents. The goal of the research is to analyze the transaction of lending of industrial companies, changing the order of this operation and the dynamic of its extent. This type of transactions is interesting, on the one hand, because of the difference of authors’ opinions about its role in Russian economy. On the other hand, the Bank had to make a decision on the creditworthiness of a potential borrower of this type lending. The study used the methods of observation, comparison, graphical representation, induction, theoretical generalization and abstraction.