The Peasant Land Bank was a Russian financial institution founded by Czar Alexander III in 1883.[1] It gave cheap loans to the Russian peasantry for the purchase of land and provided funding for the improvement of agricultural methods.
Bank began operations in April 1883, with nine branches. In 1888 its activity was extended to include the Kingdom of Poland; by 1891 it had thirty-nine branches.
Each bank was managed by a council consisting of a manager, an assistant manager, and three others appointed by the Ministry of Finance and another member representing the Ministry of Agriculture