science

Russo-Iranian Bank

Russo-Iranian Bank is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Russo-Iranian Bank rather than just read about it. In short: The Russo-Iranian Bank (RIB), Russian: Русско-иранский банк, Persian: بانک روس و ایران), also known a Rusiranbank (Русиранбанк), known before 1935 as Banque Russo-Persane (Русско-персидский банк) or Ruspersbank (Русперсбанк), was a Soviet-sponsored bank headquartered in Tehran. History A few days after the 1921 Persian coup d'état, the Russo-Persian Treaty of Friendship was signed on 26 February 1921 in Moscow at th…

Key takeaways

Russo-Iranian Bank belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect Russo-Iranian Bank to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Russo-Iranian Bank from memory before moving on to harder problems.

Reference excerpt

The Russo-Iranian Bank (RIB), Russian: Русско-иранский банк, Persian: بانک روس و ایران), also known a Rusiranbank (Русиранбанк), known before 1935 as Banque Russo-Persane (Русско-персидский банк) or Ruspersbank (Русперсбанк), was a Soviet-sponsored bank headquartered in Tehran.

History A few days after the 1921 Persian coup d'état, the Russo-Persian Treaty of Friendship was signed on 26 February 1921 in Moscow at the instigation of Reza Khan and of the Soviet authorities. Under that treaty, the Russia-owned Loan and Discount Bank of Persia was handed over to the new Persian authorities. The RIB was originally established in September 1923 as the Russo-Persian Banking Office for Credit and Payment Services for Trade Between Iran and the USSR and Assistance to the Development of Iranian Agriculture and Industry (Russian: Российско-персидское банковское управление по кредитным и платежным услугам для торговли между Ираном и СССР и содействие развитию сельского хозяйства и промышленности Ирана). Its founders were a mix of local merchants and the Russo-Asian Joint-Stock Company (Russian: Русско-Азиатское Акционерное Общество), an entity based in Moscow; its head of security was Reza Khan himself. In February 1932, the Russo-Persian Banking Office changed its name to Russo-Persian Bank, then in 1935 to Russo-Iranian Bank adopting the new name of Iran. By 1934, it was one of the largest banks in Iran and had an extensive network of branches throughout the country. In 1938, 40% of Iran's trade was with the Soviet Union and the RIB was pivotal to that. During the Second World War, in connection with the actual cessation of Iranian foreign trade, the RIB's capital sharply was reduced in 1944. In 1954, all the original Iranian shareholders had been bought out by their Soviet partners; the Foreign Trade Bank of the USSR held an 84 percent stake in the RIB, while the State Bank of the USSR held the remaining 16 percent. The RIB also had correspondent accounts with Deutsche Bank and Chase Manhattan. From 1967, the bank experienced rapid growth with the intensification of Soviet-Iranian relations. The bank was nationalized in June 1980 in the wake of the Iranian Revolution. On 15 May 1981, it was merged into the recently formed Bank Tejarat.

See also Moscow Narodny Bank Donau Bank Ost-West Handelsbank East-West United Bank Banque Commerciale pour l'Europe du Nord – Eurobank Banking in the Soviet Union

References

Worked examples

Example 1 — a first encounter with Russo-Iranian Bank

Start with the simplest possible case. Write down what Russo-Iranian Bank claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Russo-Iranian Bank before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Russo-Iranian Bank ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Russo-Iranian Bank

In research: Russo-Iranian Bank appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Russo-Iranian Bank in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Russo-Iranian Bank is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1923 establishments in Iran, Banks established in 1923, Banks of the Soviet Union, so understanding it makes those chapters shorter.
In everyday life: Look for Russo-Iranian Bank outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Russo-Iranian Bank in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Russo-Iranian Bank means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Russo-Iranian Bank out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Russo-Iranian Bank in simple terms?

Why does Russo-Iranian Bank matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Russo-Iranian Bank?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Russo-Iranian Bank.