Talk:State Bank of the USSR

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Garkrebo section

Garkrebo was located at the former location of the Berlin branch of the Julius Friedrich Behr Bank (Russian: банк Юлиуса Фридриха Бера (Julius Friedrich Behr)), which has been closed when the NAZIs took power in the 1930s because of Julius Friedrich Behr Bank's strong Jewish relationships. It was the only bank building in the Soviet zone in Berlin after World War II which is why the Soviet Union used it to establish the East German financial industry. The Switzerland branch of the Julius Friedrich Behr Bank also spelled Julius Baer Group Ltd or Julius Bär Group AG remained open during the 1930s and through World War II with its headquarters in Zurich. Nina Petrovna Sorokina (Russian: Нина Петровна Сорокина) was very active at Garkrebo. The Soviet military administration in Germany (SVAG) prepared this bank as the harbinger of the State Bank and Vneshtorgbank in East Germany (GDR). It functioned as the state bank of East Germany (GDR) until the East Germans could take control of their own finances. The financial institution operated throughout the 1950s, entered into clearing agreements for trade, and even served the Ministry foreign trade and the Ministry of Finance of the GDR. In 1956, Garkrebo was transferred from Soviet Union control to East German control after which it merged with the state banks of East Germany.^[1] 67.53.214.86 (talk) 04:14, 8 December 2023 (UTC)[reply]

References

^ ИСТОРИЯ: советских и российских банков за границей. Воспоминания очевидцев Документы Том 1 [HISTORY: Soviet and Russian banks Abroad. Memories eyewitnesses Documentation Volume 1] (PDF) (in Russian). Moscow: АНО «Экономическая летопись России» (ANO "Economic chronicle of Russia") via VTB Bank (www.fa.ru). 2007. Archived from the original (PDF) on 14 November 2023. Retrieved 7 December 2023. See pages 54-56.

[1] ИСТОРИЯ: советских и российских банков за границей. Воспоминания очевидцев Документы Том 1 [HISTORY: Soviet and Russian banks Abroad. Memories eyewitnesses Documentation Volume 1] (PDF) (in Russian). Moscow: АНО «Экономическая летопись России» (ANO "Economic chronicle of Russia") via VTB Bank (www.fa.ru). 2007. Archived from the original (PDF) on 14 November 2023. Retrieved 7 December 2023. See pages 54-56.

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