What year was the Bank of Venice founded, some say 1587, some say 1171 30

Updated on society 2024-04-08
14 answers
  1. Anonymous users2024-02-07

    Founded in Italy in 1171, the Venice "National Loan Office" is the earliest state-run loan and interest institution in the West, which is about 2,000 years later than the state-owned institution "Quanfu" in the Western Zhou Dynasty of China. This loan office, also known as the Bond Dealer of the Republic of Venice, was founded in 1580 as the "Rialb Marketbank", the first bank in the world. In 1587, it was renamed the "Bank of Venice".

    From the article "Banks: Established by Faith" in Beijing**, April 30, 2014, by Li Fei.

  2. Anonymous users2024-02-06

    Venice, 1171.

    The bank was established as the first bank in the world, followed by other cities in Italy, as well as in some cities in Germany and the Netherlands.

  3. Anonymous users2024-02-05

    Stealing the day.

    Director: F. Gary Carrie.

    Starring:Mark WahlbergCharlize TheronEdward NortonHighlights:Edward Norton

    Region: Europe and the United States.

    Year: 1999

  4. Anonymous users2024-02-04

    Stealing the day, starring Mark Wahlberg.

  5. Anonymous users2024-02-03

    The first commercial bank in the world was the Italian bank founded in Venice in 1580.

    The word bank was first found in the Italian word "banco", which means chair, because in the past, in Italy's port cities, money changers used to sit on such benches to exchange coins for merchants who came and went. The English word is changed to "bank", which originally meant a cash locker. In China, because "silver" is the common currency, the shop that does business is also called "xing", so it is translated as "bank".

    The earliest banking industry originated in the currency exchange industry of ancient societies in Western Europe. Initially, money changers only exchanged money for merchants, but later developed to hold money for merchants, receive and pay cash, handle settlements and remittances, but do not pay interest, and charge storage fees and handling fees. With the development of industry and commerce, the business of money changers further developed, and they gathered a lot of money in their hands.

    The money changer industry developed into a bank when money changers used the money they had gathered to make loans for interest in order to make more profits. The temples of Babylon in 2000 B.C. and the Greek temples in 500 B.C. already had institutions for the custody of gold and silver, the collection and payment of interest, and the issuance of loans.

    Modern banks arose in medieval Italy, and due to the special geographical location of Venice, it became the center of the time. In 1171, the Bank of Venice was founded, the first bank in the world, followed by other cities in Italy, as well as in Germany and the Netherlands.

  6. Anonymous users2024-02-02

    There is a comparison of the following: (the oldest public financial services institution still in business today: the fifth largest bank in Italy:) Banca Monte dei Paschi di Siena (BMPS), 1472

    The English word "bank" is derived from the Latin word "bench". In mid-medieval Europe, the increasingly frequent exchange of goods between countries and between urban and rural areas took place through regular fairs. At that time, there were many kinds of European currencies, the quality of the currency was low, and counterfeit money was rampant, so there was a money window specializing in identification, evaluation, and currency exchange, called exchangers.

    It is very inconvenient and unsafe to buy and sell large quantities of coins in different places. So the merchant gave the money changer with him a huge amount of money, and the money changer issued a voucher, which the merchant used to exchange the local currency he needed in the place of business, which was the earliest bill of exchange.

    Sometimes, a merchant who needs cash can also borrow money from the exchanger, and the borrower will issue a promissory note to the exchanger, which will be returned on the date specified in the promissory note and pay interest. In this way, the credit business began to develop.

    In the beginning, the exchanger sat on a bench to work, and soon the bench became a substitute for the exchanger. Exchanges do not make high profits through the operation of foreign exchange and lending business, and banks originated in the money exchange industry, and the exchangers become bankers over time.

    Historiographers are very different on the question of exactly when the world's first bank was founded and where it was founded. Some scholars believe that the Bank of Venice in Italy, founded in 1171, was the first bank in the world. For example:

    That's what the "banking" article in the New Columbia Encyclopedia of the United States says. Some scholars, however, believe that the world's first bank was established much later.

    Babylon"Rigibbe"Bank, 6th century BC.

    Monasteries, groups, and firms in Greece have been engaged in financial activities, limited to currency exchange, 4th century BC.

    Rome also had a similar banking industry, not only engaged in currency exchange, but also engaged in lending and lending, trusts and other businesses, and there were clear legal provisions for the supervision and management of banks, 200 BC.

    It is recognized that modern banks originated in Renaissance Italy.

    Banco de Baldi of Florence, 1272

    Banque de Peruzzi, 1310

    Madisi Bank, 1397

    Banque de San Giorgio of Genoa, 1407, the first national depository bank.

    Bank of Venice, 1587, recognized by the financial community as a modern bank.

  7. Anonymous users2024-02-01

    Let the Genoese feel.

    Bai is proud of a lot of things. The world's first bank was born in Genoa, and the business model of "loan" DAO shopping, which is now widely used in the world, also appeared in Genoa at the earliest, which shows how developed Genoa's economy was back then.

    Genoa is the home of the navigator Christopher Columbus, where Marco Polo was imprisoned.

  8. Anonymous users2024-01-31

    The first bank was the Bank of Venice, founded in Venice in 1580.

  9. Anonymous users2024-01-30

    It is generally believed that the earliest silver.

    The bank is an Italian bank founded in Venice in 1407. Subsequently, banks were set up in Amsterdam in the Netherlands, Hamburg in Germany, and London in the United Kingdom. At the end of the eighteenth century and the beginning of the nineteenth century, banks were generally developed.

    A bank is a financial institution established in accordance with the law to engage in monetary and credit business, and is a product of the development of the commodity and monetary economy to a certain stage.

    Banks are one of the financial institutions, and banks are divided into ** banks, policy banks, commercial banks, investment banks, and the World Bank according to their types, and their responsibilities are different.

    The emergence and development of banks is linked to the development of the monetary commodity economy, and the currency exchange industry in the pre-capitalist society is the basis for the formation of the banking industry. At first, the currency exchange business was only engaged in the business of minting and exchanging coins, and later it kept money, received and paid cash on behalf of merchants, etc. In this way, a large amount of monetary funds gradually amassed in the hands of the exchange merchants.

    When money changers are engaged in the business of lending money, the money changer industry develops into a banking industry.

  10. Anonymous users2024-01-29

    The first financial institution in the world to carry out currency deposits, loans, and foreign exchange business named after a bank was the Bank of Venice established in 1508, the Bank of St. George's in 1586, and the Bank of Rittle established in 1587.

  11. Anonymous users2024-01-28

    Banks in the modern sense should be in Italy.

  12. Anonymous users2024-01-27

    The words of a commercial bank should be the Bank of Italy?? **The bank must be a Swedish bank.

  13. Anonymous users2024-01-26

    Banks can be traced back to the shores of the Mediterranean at the dawn of the commodity economy.

  14. Anonymous users2024-01-25

    The Bank of Venice was founded, the first bank in the world, followed by other cities in Italy, Germany and the Netherlands.

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