85:
93:
20:
530:
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The total number of banknotes issued under
Catherine II amounted to 158 million rubles. Their value fluctuated but did not fall below 70 silver kopecks per paper ruble, and even reached 98 at one point in 1786. After Catherine's death in 1796, however, the inflationary pressures intensified and the
323:
260:
In 1784, Catherine decreed that the bank should not issue more than 20 million rubles in paper money, a limit that was raised to 100 million in 1786. That year, the
Assignation Banks were re-organized into a single institution named the State Assignation Bank. The
253:(100,000 rubles). The activities of these local offices were not successful, however, and in 1788, 16 of them were closed. In Saint Petersburg, the bank's main building was erected from 1783 to 1789 on a design by
483:
84:
125:
295:
silver ruble value of the banknotes fell to 69 percent in 1796, 66 percent in 1800, and 20 percent in 1814. By 1817, the number of banknotes amounted to 836 million paper rubles.
265:
was consolidated at the same time, and the two institutions were statutorily directed to operate "as one, aiding each other for the successful prosecution of affairs".
24:
317:
and the other offices were closed. Even after the bank ceased activity, its notes continued to circulate until they were withdrawn in the 1840s as part of the
314:
67:
313:
In 1817, the issuance of new banknotes by the State
Assignation Bank was terminated, while its discount office in Saint Petersburg was reorganized as the
262:
100:
The first attempt to organize a public bank of issue in Russia was the decree "on the foundation of a State Bank" signed on 5 June [
575:
503:
599:
452:
143:
594:
318:
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185:(1773), and for each of them banknotes were issued for 150,000 to 200,000 rubles. Later openings occurred in 1776 in
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150:
29 December 1768], Catherine signed the imperial decree establishing two state bank offices, respectively in
112:
568:
279:, the issue of banknotes was extended to the annexed regions; new bank offices were thus established in
269:
120:
350:
329:
276:
130:
wrote a memorandum recommending to
Empress Catherine II the creation of a bank to issue paper money (
108:. Because of Peter's assassination a few weeks later, however, that initiative was not implemented.
604:
105:
59:
561:
66:
in the late 18th and early 19th centuries. It was abolished in 1817 and partly replaced by the
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254:
79:
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182:
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In order to facilitate the exchange of banknotes, additional banking offices were opened in
151:
39:
345:
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303:
198:
178:
139:
131:
63:
529:
55:
588:
298:
In the early 1810s, an attempt at reform was initiated by
Russian Secretary of State
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51:
62:. In terms of volume of issuance, it was the largest of its time, well ahead of the
230:
524:
242:
541:
174:
162:
116:
431:"Peter III signed a decree "on foundation of the State Bank" - 5 June 1762"
430:
412:
166:
23:
The former Saint
Petersburg building of the Assignation Bank, lately the
374:
280:
238:
218:
190:
186:
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222:
206:
155:
505:
The
Evolution of the Monetary System of the Grand Duchy of Finland
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234:
226:
214:
194:
91:
83:
18:
413:"The State Bank of the Russian Empire Established - 12 June 1860"
537:
246:
210:
202:
375:"Finance and Credit in the Eighteenth-Century Russian Economy"
485:
Bank of
Finland 200 Years: Imperial Cashier to Central Bank
158:, each of them endowed with a capital of 500,000 rubles.
268:
In 1799–1805, the buildings of the bank also housed the
549:
142:
and would facilitate the financing of the then ongoing
435:Presidential Library of the Russian Federation
417:Presidential Library of the Russian Federation
25:Saint Petersburg State University of Economics
569:
399:Central Banking before 1800: A Rehabilitation
8:
315:State Commercial Bank of the Russian Empire
302:, which result in the establishment of the
68:State Commercial Bank of the Russian Empire
576:
562:
392:
390:
388:
482:Antti Kuusterä & Juha Tarkka (2011),
454:Banks, Credit, and Money in Soviet Russia
446:
444:
332:that temporarily returned Russia to the
16:Former public bank in the Russian Empire
368:
366:
362:
96:1807 Assignation Bank note of 50 rubles
88:1769 Assignation Bank note of 50 rubles
477:
475:
473:
471:
469:
467:
233:(200,000 rubles each), and In 1782 in
111:In 1768, taking inspiration from the
7:
521:
519:
379:Jahrbücher für Geschichte Osteuropas
306:but was cut short in Russia by the
44:Государственный ассигнационный банк
548:. You can help Knowledge (XXG) by
14:
138:) that would be convertible into
528:
523:
189:(1 million rubles), in 1779 in
58:, established in early 1769 by
328:initiated by finance minister
146:. On 6 January 1769 [
1:
193:(500,000 rubles), in 1781 in
46:), sometimes referred to as
508:, Helsinki: Bank of Finland
460:, Columbia University Press
621:
518:
401:. Oxford University Press.
272:, which produced coinage.
77:
600:Banks established in 1769
451:Arthur Z. Arnold (1937),
104:25 May] 1762 by
43:
397:Ulrich Bindseil (2019).
373:George E. Munro (1997),
32:Russian Assignation Bank
595:Defunct banks of Russia
544:-related article is a
275:In 1794 following the
135:
97:
89:
36:State Assignation Bank
27:
270:Saint Petersburg Mint
113:Riksens Ständers Bank
95:
87:
22:
502:Juha Tarkka (2010),
330:Georg Ludwig Cancrin
249:(200,000 each), and
277:Partition of Poland
60:Catherine the Great
98:
90:
28:
557:
556:
491:, Bank of Finland
351:Caisse d'Escompte
300:Mikhail Speransky
255:Giacomo Quarenghi
144:Russo-Turkish War
106:Emperor Peter III
80:Assignation ruble
612:
578:
571:
564:
532:
527:
520:
510:
509:
499:
493:
492:
490:
479:
462:
461:
459:
448:
439:
438:
427:
421:
420:
409:
403:
402:
394:
383:
382:
370:
327:
241:(300,000 each),
183:Vyshny Volochyok
152:Saint Petersburg
129:
121:Karl von Sievers
45:
620:
619:
615:
614:
613:
611:
610:
609:
585:
584:
583:
582:
516:
514:
513:
501:
500:
496:
488:
481:
480:
465:
457:
450:
449:
442:
429:
428:
424:
411:
410:
406:
396:
395:
386:
381:(45:4): 552–560
372:
371:
364:
359:
346:Bank of Prussia
342:
334:silver standard
321:
319:monetary reform
308:French invasion
304:Bank of Finland
263:State Loan Bank
199:Veliky Novgorod
179:Nizhny Novgorod
123:
82:
76:
64:Bank of England
17:
12:
11:
5:
618:
616:
608:
607:
602:
597:
587:
586:
581:
580:
573:
566:
558:
555:
554:
533:
512:
511:
494:
463:
440:
422:
404:
384:
361:
360:
358:
355:
354:
353:
348:
341:
338:
75:
72:
56:Russian Empire
15:
13:
10:
9:
6:
4:
3:
2:
617:
606:
603:
601:
598:
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592:
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579:
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567:
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553:
551:
547:
543:
539:
534:
531:
526:
522:
517:
507:
506:
498:
495:
487:
486:
478:
476:
474:
472:
470:
468:
464:
456:
455:
447:
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436:
432:
426:
423:
418:
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408:
405:
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393:
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385:
380:
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369:
367:
363:
356:
352:
349:
347:
344:
343:
339:
337:
335:
331:
325:
320:
316:
311:
310:in mid-1812.
309:
305:
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292:
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286:
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278:
273:
271:
266:
264:
258:
256:
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224:
220:
216:
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208:
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200:
196:
192:
188:
184:
180:
176:
172:
171:Veliky Ustyug
168:
164:
159:
157:
153:
149:
145:
141:
137:
133:
127:
122:
118:
114:
109:
107:
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94:
86:
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73:
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52:bank of issue
49:
48:Assignat Bank
41:
37:
33:
26:
21:
550:expanding it
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312:
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110:
99:
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31:
29:
322: [
243:Arkhangelsk
124: [
605:Bank stubs
589:Categories
78:See also:
542:insurance
175:Astrakhan
163:Yaroslavl
136:assignats
117:Stockholm
340:See also
167:Smolensk
165:(1772),
119:, Count
50:, was a
281:Vilnius
239:Kherson
219:Kharkiv
191:Irkutsk
187:Tobolsk
74:History
54:in the
40:Russian
287:, and
285:Grodno
229:, and
223:Tambov
207:Nizhyn
181:, and
156:Moscow
140:specie
132:French
536:This
489:(PDF)
458:(PDF)
357:Notes
326:]
289:Kovno
251:Reval
235:Kazan
227:Oryol
215:Kursk
195:Pskov
128:]
546:stub
540:and
538:bank
247:Riga
245:and
237:and
231:Tula
211:Kyiv
203:Tver
154:and
148:O.S.
102:O.S.
30:The
291:.
115:of
34:or
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
