"In the simple state of money-dealing which prevailed in Italy during the fifteenth and sixteenth centuries, the treasure to be lent out at interest was commonly displayed on a table or board, called Banco, and hence the origin of the term [for] those immense establishments which circulate the wealth and promote the trade of modern Europe."
History of banking

January 1, 1970

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Added on April 10, 2026
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Original Language: English

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