Credit Institutions in the Bulgarian Lands during the 18th and 19th Centuries. An Attempt for Review

Hristiyan Atanasov ()
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Hristiyan Atanasov: State University of Library Studies and Information Technologies, Sofia, Bulgaria

Proceedings of the Centre for Economic History Research, 2018, vol. 3, 62-75

Abstract: The proposed paper offers an overview of the credit institutions functioning during the Bulgarian Revival period. The moral norms about interest and usury, which were determined by the religious worldview, are presented. Credit institutions are divided by religion – Islamic or Orthodox. The Ottoman state credit institutions (the "common benefit" funds and orphan funds) are described. Attention is paid to the famous Ottoman cash waqfs, which also had important activity in the Bulgarian lands. Orthodox credit institutions are also subject to analysis – the municipal funds, the school and church boards funds and so on. Special attention is paid to private credit institutions that were created after the 1840s by Bulgarians and considered the beginning of banking in the Bulgarian lands.

Keywords: interest; usury; credit; credit institution; "common benefit" funds; orphan funds; banking (search for similar items in EconPapers)
JEL-codes: N23 N25 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ceh:journl:y:2018:v:3:p:62-75

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