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The Narkomfin building in the 1930s
People's Commissariat of Finance ( Narodnyi komissariat finansov, Narkomfin) was part of the government of the Russian Soviet Federative Socialist Republic from 1917 and the Soviet Unionmarker from 1922.

The Narkomfin Commissar was part of Sovnarkom. Ivan Skvortsov-Stepanov was the first Commissar, appointed in 1917. However following the introduction of the New Economic Policy Narkomfin was made responsible for Gosbank, the State Bank of the RSFSR and then the Soviet Unionmarker. On 26 November 1921, Lenin issued a note calling for the appointment of Grigory Sokolnikov, who took control of the organisation in 1922, although his formal position was not ratified until December 1922

The Narkomfin Buildingmarker, built for workers in the commissariat is a famous example of Soviet architecture. .

People's Commissar of Finance Period in office
Ivan Skvortsov-Stepanov 26 October (8 November) 1917 – 20 January (2 February) 1918
Vyacheslav Menzhinsky 20 January (2 February 1918 – March 1918
Isidore Gukovsky March 1918 – 16 August 1918
Nikolai Krestinsky 16 August 1918 – October 1922
Grigory Sokolnikov 19221926
Nikolai Bryukhanov 19261930
Hryhoriy Hrynko 19301937
Vlas Chubar 19371938
Arseni Grigoryevich Zverev 19381946


  1. The State Bank of the USSR accessed 26 July 2008
  2. Between right and left: Grigorii Yakovlevich Sokolnikov and the development of the Soviet state, 1921-1929 accessed 26 July 2008

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