abolished and then re-established on the territory of the Russian SFSR by a decree of the Council of People's Commissars in December 1922 as new institutions (not as successors to the pre-revolutionary savings banks). At the end of 1925, they were transformed into the State Labour Savings Banks of the USSR. In 1987, the State Labour Savings Banks were reorganised into the USSR Savings Bank.

On 13 July 1990, the Russian Republican