"The origin of public banking as the term is at present understood is unknown. The dates generally admitted for the founding of the leading European banks are as follows: Bank of Venice, 1157, 1171, 1173; of Florence, 1260; of Barcelona, 1349; of St. George, Genoa, 1407; of Amsterdam, 1609; of Hamburg, 1619; of England, 1694; of France, 1800. ...[T]he Italians being credited with elaborating and completing the self-checking system of double-entry now in common use."
History of banking

January 1, 1970

Quote Details

Added by wikiquote-import-bot
Added on April 10, 2026
Unverified quote
0 likes
Original Language: English

Sources

Imported from EN Wikiquote

https://en.wikiquote.org/wiki/History_of_banking