Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives

An analysis of the contribution of regional merchants to the process of forming a system of credit and financial institutions in the territory of Western Transbaikalia is presented in the article. The history of both successful and unsuccessful attempts to create bank ing institutions in the region...

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Autores principales: A. M. Plekhanova, A. А. Shirapov
Formato: article
Lenguaje:RU
Publicado: Tsentr nauchnykh i obrazovatelnykh proektov 2021
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Acceso en línea:https://doaj.org/article/85c521f440104a50bdb83ff67ab58db9
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spelling oai:doaj.org-article:85c521f440104a50bdb83ff67ab58db92021-12-02T07:58:14ZFormation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives2225-756X2227-129510.24224/2227-1295-2021-6-392-407https://doaj.org/article/85c521f440104a50bdb83ff67ab58db92021-06-01T00:00:00Zhttps://www.nauka-dialog.ru/jour/article/view/2815https://doaj.org/toc/2225-756Xhttps://doaj.org/toc/2227-1295An analysis of the contribution of regional merchants to the process of forming a system of credit and financial institutions in the territory of Western Transbaikalia is presented in the article. The history of both successful and unsuccessful attempts to create bank ing institutions in the region has been reconstructed on the basis of reporting and officework documentation stored in the funds of the State Archives of the Republic of Buryatia and the Irkutsk Region, the Russian State Historical Archive. It was found that the creation of the regional banking system was based not on the state, but on the private initiative; the key role in the process  was  played  by the merchants. According to the authors, in the process of organizing banks and loan offices, representatives of the merchants were guided not only by making a profit, but envisaged the use of part of the proceeds for charitable purposes. It was revealed that merchant initiatives were caused not only by the desire to expand the opportunities for entrepreneurial activity, but also by the desire to contribute to the development of the native land. It is concluded that the Transbaikal merchants played an important role in the socio-economic development of Western Transbaikalia and became the main driving force in integrating the region’s economy into the all-Russian financial system.A. M. PlekhanovaA. А. ShirapovTsentr nauchnykh i obrazovatelnykh proektovarticlewestern transbaikaliamerchantseconomybanksloan officecharitySlavic languages. Baltic languages. Albanian languagesPG1-9665RUНаучный диалог, Vol 0, Iss 6, Pp 392-407 (2021)
institution DOAJ
collection DOAJ
language RU
topic western transbaikalia
merchants
economy
banks
loan office
charity
Slavic languages. Baltic languages. Albanian languages
PG1-9665
spellingShingle western transbaikalia
merchants
economy
banks
loan office
charity
Slavic languages. Baltic languages. Albanian languages
PG1-9665
A. M. Plekhanova
A. А. Shirapov
Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
description An analysis of the contribution of regional merchants to the process of forming a system of credit and financial institutions in the territory of Western Transbaikalia is presented in the article. The history of both successful and unsuccessful attempts to create bank ing institutions in the region has been reconstructed on the basis of reporting and officework documentation stored in the funds of the State Archives of the Republic of Buryatia and the Irkutsk Region, the Russian State Historical Archive. It was found that the creation of the regional banking system was based not on the state, but on the private initiative; the key role in the process  was  played  by the merchants. According to the authors, in the process of organizing banks and loan offices, representatives of the merchants were guided not only by making a profit, but envisaged the use of part of the proceeds for charitable purposes. It was revealed that merchant initiatives were caused not only by the desire to expand the opportunities for entrepreneurial activity, but also by the desire to contribute to the development of the native land. It is concluded that the Transbaikal merchants played an important role in the socio-economic development of Western Transbaikalia and became the main driving force in integrating the region’s economy into the all-Russian financial system.
format article
author A. M. Plekhanova
A. А. Shirapov
author_facet A. M. Plekhanova
A. А. Shirapov
author_sort A. M. Plekhanova
title Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
title_short Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
title_full Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
title_fullStr Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
title_full_unstemmed Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
title_sort formation of banking in western transbaikalia in 19<sup>th</sup> century: merchant initiatives
publisher Tsentr nauchnykh i obrazovatelnykh proektov
publishDate 2021
url https://doaj.org/article/85c521f440104a50bdb83ff67ab58db9
work_keys_str_mv AT amplekhanova formationofbankinginwesterntransbaikaliain19supthsupcenturymerchantinitiatives
AT aashirapov formationofbankinginwesterntransbaikaliain19supthsupcenturymerchantinitiatives
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