Tiflis Commercial Bank

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Tiflis Commercial Bank
Native name
Georgian: ტფილისის კომერციული ბანკი
Russian: Тифлисский коммерческий банк
FoundedMay 21, 1871; 153 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]

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.[3]

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]

  • Postcard depicting Baku Branch building [az]
    Postcard depicting Baku Branch building [az]
  • Bond issued in 1914
    Bond issued in 1914

References

  1. ^ ჭყონია (1984). "ბანკები და საკრედიტო დაწესებულებები თბილისში". ვაჭრობა - მრეწველობის განვითარება და საქალაქო მშენებლობის ზრდა XIX ს. თბილისში : სტატიების კრებული (PDF). Tbilisi: მეცნიერება. Retrieved 2024-06-06.
  2. ^ a b Avdalyan, Emil (2018-08-08). "პირველი ბანკები და დაზღვევა საქართველოში" [First banks and insurance in Georgia]. Forbes Georgia (in Georgian). Tbilisi. Retrieved 2024-06-06.
  3. ^ www.ccb.ru/services/analytics/blog/istoricheskiy-blog/tsennye-bumagi-vzglyad-v-proshloe-tiflisskiy-kupecheskiy-bank/