Iuliu Moisil's role in the emerge and development of popular banks in the Old Kingdom Cover Image

Rolul lui Iuliu Moisil în apariția și Dezvoltarea băncilor populare din Vechiul Regat
Iuliu Moisil's role in the emerge and development of popular banks in the Old Kingdom

Author(s): Lavinia Moldovan
Subject(s): Economic history, 19th Century, Pre-WW I & WW I (1900 -1919)
Published by: Editura Academiei Române
Keywords: popular banks; Spiru Haret; loan; cultural-economic movement; the Old Kingdom;

Summary/Abstract: The aim of this presentment is to highlight the role played by Iuliu Moisil in the development of popular banks in the Old Kingdom in the late nineteenth and early twentieth centuries. After his arrival in Târgu Jiu in 1894, Professor Iuliu Moisil, son of the vicar of Grigore Moisil from Năsăud, would initiate in Gorj, in the spirit of the ideas promoted by Spiru Haret, a cultural, artistic and economic movement which included the initiative of founding the Credit and Loan Company Cerbul. In its five years of activity, from 1897 to 1902, the company which was formed according to the model of the popular bank from Ilva Mare in order to support the credit needs of the teachers from Tudor Vladimirescu gymnasium from Târgu Jiu, would serve as a model for setting up other popular banks from the Old Kingdom. The article considers: the premises of the Credit and Loan Company Cerbul in Târgu Jiu, the organization and factors involved in its evolution, the economic support generated by Cerbul and later by the popular banks organized according to its model in carrying out economic and cultural activities in Gorj and the impact generated at national level in political and legislative terms.Keywords: popular banks; Spiru Haret; loan; cultural-economic movement; the Old Kingdom;

  • Issue Year: LIX/2020
  • Issue No: LIX, 2
  • Page Range: 199-209
  • Page Count: 11
  • Language: Romanian