Banking From The Beginning: The Original "Old School" Bank - Banca Monte dei Paschi di Siena (Tuscany, Italy) Think carefully - what attributes would the "bank of your dreams" possess? Low-interest consumer lending? A ...read more
It is true the banking system as we know it was begun by the Knights Templar in the 14th century as a way to bank roll their crusade, but it is ignorant and borderline racist to say that these are the first banks. Within ...read more
by John Graham
The Bank of Medici It is the thirteenth century. Picture the scene. Transport is by horse drawn vehicles on dirt roads and by boats across the sea. It takes months to get anywhere and the known world is full of danger f...read more
by The Owl
The first "bank" was invented by the Temple Knights in the beginning of the 14.th century. The buildings they used were the churches. In former times the businessmen often had all their valuables with them. Th...read more
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