![Senjska štedionica Senj (1873. – 1948.)](/api/image/getissuecoverimage?id=picture_2019_58513.jpg)
Senjska štedionica Senj (1873. – 1948.)
In the article, the author, from the aspect of the history of the institution, deals with the business and liquidation of the Senj savings bank from 1873, when the savings bank was founded,all the way to 1948, when its liquidation was completed. The business affairs of the savings bank were carried out by a main assembly of shareholders, a directorate and supervisory board. Despite the large economic crises and two world wars, Senj’s savings bank avoided the fate of the majority the financial institutions that operated with a loss. It was one of the rare institutions which never had any kind safeguards nor was it ever appointed with a commissioner. The directorate of the savings bank always began from the standpoint that the institution should primarily be preserved ,which is what it succeeded in. With the sturdy determination of its directorate and clerical service and business friends, the savings bank overcame all crises, generally with ease, if only with a modest profit. The directorate adapted its work to the circumstances and faithfully to its principles, in order for the savings bank to better serve the business world and successfully preserve the gained trust of its business friends. Immediately after World War Two, the work of the savings bank completely stopped. Given that there was not one condition for the further successful work of the Senj savings bank and given the planned liquidation of private financial institutions, in socialist Yugoslavia, the liquidation of institutions was specified as early as 1945, and it was completed in 1948.
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