The Policy of Management Board at Siberian Merchant Bank toward Regional Branches: the Case of the Irkutsk branch between 1873 and 1920
The article focuses on the policy conducted by the Management Board of Siberian Merchant Bank in reference to its regional branches from 1873 to 1920 using the example of the Irkutsk Branch. The policy included circulars and instructions that were sent to the branches and were supposed to regulate their activity in order to comply with the Bank’s general development strategy. The documents, regulating the activity of regional branches, are kept mainly in historical archives of Irkutsk and St. Petersburg. Some of the circulars are general in nature, some of them relate to the Irkutsk Branch and its activity. The research reviewed the documentary materials, defining the key directions and peculiarities of the Bank’s policy concerning to the regional branches. The Bank’s policy was based on the detailed analysis of the economic situation in the region under the coverage of its activity. The Management Board thoroughly studied all the local periodicals, which the regional branches sent to them. A special focus in the article is given to the Bank’s policy toward regional Accounting Committees, which was cautious and rather distrustful. It should be mentioned that social policy toward its employees was not alien to the Management Board of Siberian Merchant Bank. It could include provision of housing and various financial incentives. As a conclusion, in general the Bank’s policy toward regional branches can be described as pragmatic, moderate, but not excluding its socially-oriented approach.