Prombank (ru|Промбанк for Промышленный банк,) was the shorthand name for a series of significant institutions within the Soviet banking system between 1922 and 1959, when Prombank was merged with Selkhozbank (Agricultural Bank) and Tsekombank (Residential Construction Bank) to form the Construction Bank of the USSR, or Stroybank.[1]
The Russian Trade and Industrial Bank (ru|Российский торгово-промышленный банк) was established on under the New Economic Policy (NEP). On, another specialized bank was established as Elektrokredit (Russian: Электрокредит), a joint-stock company. On the former was renamed the Trade and Industrial Bank of the USSR (Russian: Торгово-промышленный банк СССР), and on the latter was reorganized as the Bank for the Electrification of the USSR or Elektrobank (Russian: Электробанк).
On, Prombank absorbed Elektrobank and became the Industry and Electrification Long-Term Credit Bank of the USSR (Russian: Банк долгосрочного кредитования промышленности и электрохозяйства СССР), still known as Prombank. In 1932 it was again renamed, as the Finance Bank of Capital Construction in Industry, Transport, Posts and Telegraphs.
The Prombank was initially led by Alexander Krasnoshchyokov from to, then by Vladimir Ksandrov from to .