Tiflis Commercial Bank

From Wikipedia, the free encyclopedia

Native name
Georgian: ტფილისის კომერციული ბანკი
Russian: Тифлисский коммерческий банк
FoundedMay 21, 1871; 154 years ago (1871-05-21) in Tiflis, Tiflis Governorate, Russian Empire (now Georgia)
Revenue554,10 Million Russian ruble[1] (1893)
Tiflis Commercial Bank
Native name
Georgian: ტფილისის კომერციული ბანკი
Russian: Тифлисский коммерческий банк
FoundedMay 21, 1871; 154 years ago (1871-05-21) in Tiflis, Tiflis Governorate, Russian Empire (now Georgia)
Headquarters
Revenue554,10 Million Russian ruble[1] (1893)

Tiflis Commercial Bank (Georgian: ტფილისის კომერციული ბანკი; Russian: Тифлисский коммерческий банк) was a commercial bank founded in Tiflis, Russian Empire in 1871.[2][3]

The bank had branches across the Caucasus, including in Baku, Batumi, Yerevan and Grozny.

The bank was the only financial institution from South Caucasus whose shares were listed on the Saint Petersburg Stock Exchange.[4]

Tiflis Commercial Bank was founded by prominent Tiflisian merchants, industrialists and lessees including E. Davitashvili, A. Evangulashvili, M. Alikhanov, I. Amiraghov, I. Ananov, N. Begtabegov, E. Ejubov, I. Zubalashvili, P. Nadiradze, A. Onikashvili, P. Fridonov, and Korganov. They provided 500,000 rubles as the main capital of the bank. In the following years, the bank's board issued additional shares and raised the basic capital to one million manats.[2]

Related Articles

Wikiwand AI