Moscow Narodny Bank (Moscow)
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Moscow Narodny Bank (Moscow)
Moscow Narodny Bank is a Russian bank. It was established under the Articles of Association approved by the Ministry of Finance on March 3, 1911 (published in the Collection of Edicts and Executive Orders of the Government of Russia on September 29, 1911). It was opened in Moscow on May 9, 1912. History The idea of setting up such a bank occurred at the First All-Russian Convention of Representatives of Cooperative Establishments in 1908 and was endorsed afterwards by annual conventions of cooperators. The purpose of setting-up and operation of the Moscow Narodny Bank was: “to deliver monetary funds to small loan institutions and all kinds of cooperative enterprises in order to ease their turnovers”. The governing body of the Bank was determined by the Board, which was located in Moscow, the controlling body was the council. The Bank's fixed capital at its establishment was 1 million rubles, divided into 4,000 shares with a par value of 250 rubles.Хрестоматия по ...
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Ministry Of Finance Of The Russian Empire
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Defunct Banks Of Russia
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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VTB Capital
VTB Capital (russian: ВТБ Капитал) is a Russian investment bank. It is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses. VTB Capital has been ranked among the top investment banks in Russia, the CIS and Central and Eastern Europe regions according to industry league tables, including Bloomberg, Thomson Reuters and Dealogic. In 2013, the Dealogic league tables ranked VTB Capital among the top investment banks in terms of deal volumes for M&A, Debt and Equity Capital Markets across the Central and Eastern Europe (CEE), Russia and CIS regions. History Created in 2008, the business is headquartered in Moscow with offices in London, Singapore, Dubai, Hong Kong, New York City, Vienna, Sofia and Kyiv. To establish VTB Capital, numerous bankers from Deutsche Bank's Moscow office were hired. In 2015 VTB Capital ranked first in Dealogic's FY 2015 league tables in the Debt and Equity capital markets bookrunners and M&A Adviso ...
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Evrofinance Mosnarbank
OJSC Evrofinance Mosnarbank is a Russian commercial bank. Full name of the Bank: Open Joint-Stock Company Evrofinance Mosnarbank. Head office locates in Moscow. General License No. 2402 of Bank of Russia. Company * 50% minus 2 shares FONDEN, S.A.* 50% plus 2 shares - Rosimushchestvo (shares received from the former owners VTB and Gazprombank for free after the imposition of US sanctions in 2019). In the fall of 2020, bank began to attract dollar deposits at a rate four times higher than the market average (2% per annum). Due to sanctions, deposits are only accepted in cash. Controversy Sanctions In March 2019, the United States Treasury Department sanctioned Evrofinance Monsarbank over its relationship with Venezuelan state oil company PDVSA Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and ...
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Evrofinance
OJSC Evrofinance Mosnarbank is a Russian commercial bank. Full name of the Bank: Open Joint-Stock Company Evrofinance Mosnarbank. Head office locates in Moscow. General License No. 2402 of Bank of Russia. Company * 50% minus 2 shares FONDEN, S.A.* 50% plus 2 shares - Rosimushchestvo (shares received from the former owners VTB and Gazprombank for free after the imposition of US sanctions in 2019). In the fall of 2020, bank began to attract dollar deposits at a rate four times higher than the market average (2% per annum). Due to sanctions, deposits are only accepted in cash. Controversy Sanctions In March 2019, the United States Treasury Department sanctioned Evrofinance Monsarbank over its relationship with Venezuelan state oil company PDVSA Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and ...
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Mosnarbank
OJSC Evrofinance Mosnarbank is a Russian commercial bank. Full name of the Bank: Open Joint-Stock Company Evrofinance Mosnarbank. Head office locates in Moscow. General License No. 2402 of Bank of Russia. Company * 50% minus 2 shares FONDEN, S.A.* 50% plus 2 shares - Rosimushchestvo (shares received from the former owners VTB and Gazprombank for free after the imposition of US sanctions in 2019). In the fall of 2020, bank began to attract dollar deposits at a rate four times higher than the market average (2% per annum). Due to sanctions, deposits are only accepted in cash. Controversy Sanctions In March 2019, the United States Treasury Department sanctioned Evrofinance Monsarbank over its relationship with Venezuelan state oil company PDVSA Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and ...
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Moscow Narodny Bank (London)
The Moscow Narodny Bank was set up in London in 1915 as a branch of the Russian Moscow Narodny Bank. In 1916 the London branch was transformed into a full-scale affiliate. On October 18, 1919 it was transformed into an independent bank Moscow Narodny Bank Limited Moscow Narodny Bank Limited (MNB), London was created as an independent bank in October 1919 on the basis of the London branch or Mosnarbank (London) of the Moscow Narodny Bank, which had operated in London since 1915. History In 1919 due to .... {{tree chart/end Banks of the Soviet Union Soviet Union–United Kingdom relations ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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All-Russian Central Executive Committee
The All-Russian Central Executive Committee ( rus, Всероссийский Центральный Исполнительный Комитет, Vserossiysky Centralny Ispolnitelny Komitet, VTsIK) was the highest legislative, administrative and revising body of the Russian Soviet Federative Socialist Republic (Russian SFSR) from 1917 until 1937. Although the All-Russian Congress of Soviets had supreme authority, in periods between its sessions its powers were passed to VTsIK. Organization The 1918 Russian Constitution required that the VTsIK convene the All-Russian Congress of Soviets no fewer than two times a year (Statute 26 of Article III). Additional Congresses could be called by the VTsIK or on the request of local Soviets. The VTsIK was elected by a full Congress, with no more than 200 individuals. It was completely subordinate to the Congress. The functions of the Collegiate or the Presidium were not declared in the Constitution, but presumably they were supposed to be pu ...
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Moscow Narodny Bank Limited
Moscow Narodny Bank Limited (MNB), London was created as an independent bank in October 1919 on the basis of the London branch or Mosnarbank (London) of the Moscow Narodny Bank, which had operated in London since 1915. History In 1919 due to disruption of relations with the parent company due to nationalization in Russia it was decided to protect the right of the London branch of the bank to exist and incorporate it as a British legal entity. The bank heads Jean Bubnov and Konstantin Popov submitted an application to register it as an English limited liability company, which was registered in London on October 18, 1919 as a company of England and Wales under number No.159752. After Leonid Krasin organized Bolshevik supporters obtained BCEN-Eurobank in Paris as the first overseas Soviet bank, he, as head of the Centrosoyuz mission, which was formed on 24 February 1920 and was an attempt by the Bolshevik's Council of People's Commissars to break through the trade and politica ...
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Russian Soviet Federative Socialist Republic
The Russian Soviet Federative Socialist Republic, Russian SFSR or RSFSR ( rus, Российская Советская Федеративная Социалистическая Республика, Rossíyskaya Sovétskaya Federatívnaya Socialistíčeskaya Respúblika, rɐˈsʲijskəjə sɐˈvʲetskəjə fʲɪdʲɪrɐˈtʲivnəjə sətsɨəlʲɪˈsʲtʲitɕɪskəjə rʲɪˈspublʲɪkə, Ru-Российская Советская Федеративная Социалистическая Республика.ogg), previously known as the Russian Soviet Republic and the Russian Socialist Federative Soviet Republic as well as being unofficially known as Soviet Russia,Declaration of Rights of the laboring and exploited people, article I. the Russian Federation or simply Russia, was an Independence, independent Federalism, federal socialist state from 1917 to 1922, and afterwards the largest and most populous of the Republics of the Soviet Union, Soviet socialist republics of the So ...
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