Bank - History

History

Personal Finance
Credit and debt
  • Mortgage
  • Car loan
  • Credit card
  • Unsecured personal loan
  • Rent-to-own
  • Student loan
  • Pawn Transaction
  • Title loan
  • Payday loan
  • Refund anticipation loan
  • Refinancing
  • Debt consolidation
  • Bankruptcy
Employment contract
  • Salary
  • Wage
  • Salary packaging
  • Employee stock option
  • Employee benefit
Retirement
  • Pension
  • Defined benefit
  • Defined contribution
  • Social security
  • Business plan
  • Corporate action
Personal budget
  • Financial planner
  • Financial adviser
  • Stockbroker
  • Financial independence
  • Estate planning
See also
  • Banks and credit unions
  • Cooperatives

Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy, to the rich cities in the north like Florence, Venice and Sialkot Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence, establishing branches in many other parts of Europe. One of the most famous Italian banks was the Medici Bank, set up by Giovanni di Bicci de' Medici in 1397. The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 at Genoa, Italy.

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