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Saint Petersburg International Commercial Bank
Former bank in Russia / From Wikipedia, the free encyclopedia
The Saint Petersburg International Commercial Bank (Russian: Санкт-Петербургский международный коммерческий банк) was a major bank in the Russian Empire, founded in 1869 in Saint Petersburg. By the start of the 20th century it was Russia's second private-sector bank by assets, behind the Volga-Kama Commercial Bank,[1]: 43 and by 1914 it still held that rank behind the Russo-Asiatic Bank.[2]: 722 In late 1917 following the Russian Revolution, like all other commercial banks in Russia, it was absorbed into the State Bank with no compensation to its shareholders.[3]
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